VIX Volatility Daily Chart

You know the drill with this chart by now. VIX above 200-day MA at 14.51 guarantees market selling ahead. VIX under the 200-day guarantees bullish markets. The market bears are in favor but a pivotal market day is ahead. Keystone's proprietary trading algorithm, Keybot the Quant, identifies which sectors and areas are most greatly dictating broad market direction in real-time and currently financials (XLF) and volatility (VIX) rule the roost. Keybot identifies 14.59 as the bull-bear line in the sand so take a crayon and draw a thick line through 14.51-14.59. Bears win big if VIX remains above 14.59 and moves higher. Bulls win big if they push VIX under 14.51. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 6:44 PM: The trading session results in a wildly strong upside rally after the FOMC Minutes show a dovish Fed willing to print more money. The VIX collapses to 13.82 providing bull fuel and waving the checkered flag for the bulls.