VIX 75 Four Hr TF Pivot 5th August, 2022
V75 4HR TF:
Volatility 75 Index price closed on the 4th August, 2022 at 854019.63
Opening price for today is 854203.14
Pivot for the day is 847050.08 and this is well below market open price.
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V75 4HR PIVOT UPDATE (21:00 GMT):
The 4hr chart is currently showing that market price is currently Ranging.
The market Price is currently testing the 4hour Time Frame Pivot.
Price may breakout higher towards Resistance 1 (846941.44 area) before jumping further to 858281.91 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (864158.01 area).
Support 1, which is at the 829724.87 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (823848.77 area).
Break and close below that level will definitely take price to Support 3 (812508.30 area).
Overall bias on the 4 hour chart is that market price is currently Ranging.
Find below computation results for Pivot Point, Support and Resistance levels for the 6th Four Hour Period for 5 August, 2022.
Support and Resistance levels for the 6th Four-Hour Period for the Day
Resistance 3
864158.01
Resistance 2
858281.91
Resistance 1
846941.44
Pivot Point
841065.34
Support 1
829724.87
Support 2
823848.77
Support 3
812508.30
For this four hour session, look out for Resistance at 852611.
Also watch out for Supports at 823848 and 812508.
Later on …
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