The Indices Market 14th Apr 2021

This page will give you possible forecast for Volatility Index assets for the day.

Volatility 75 Index 1HR TF:

Possible Bull Flag pattern is forming on the 1 hour time frame. Price is currently at 852790 area.
Resistance 3
917145.96
Resistance 2
898319.36
Resistance 1
874764.81
Pivot Point
855938.21
Support 1
832383.66
Support 2
813557.06
Support 3
790002.51
Support at 836870 area is currently holding and it appears as if, price will range till the close of the day.
Ascending trendlines are currently serving as support levels at 820000 and 770000 areas.
Although price is currently below the 50 Simple Moving average, the 200 Simple Moving average is currently far below price.
The 50 SMA, currently at 861000 level will serve as immediate resistance.
V75 1hr 14TH APR 2021

V75 4hr time frame:

It is clear that price currently has potential to continue to move up.

Support is at 813000 level where we have the 50 Moving average.

A break above the 890000 level will open doors for new all time Highs for Volatility 75 Index.

V75 14TH APR 2021

V75 Daily time frame:

Daily candle is yet to close as we have 18 minutes more to the end of the day (time is 23:42 GMT).

However, (due to the wicks above the candles), we may have a retracement before seeing an upward push.

There is a possibility of price retracing towards the 806000 area before breaking above the all-time-high at 896000 level.

V75 daily 14TH APR 2021

 

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