VIX Pivot 26th March, 2022 (13:50 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 8th March, 2022 at 904511.64
Opening price for today is 904314.83.
Pivot for the day is 895461.37 and this is well below market open price.
The 4hr chart is currently showing that market price is currently Bearish..
The market Price is currently testing the 4hour Time Frame Pivot (retracing in a Bearish Trend)
Price may breakout higher towards Resistance 1 (865774ย area) before jumping further to 890282ย (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (902629ย area).
Support 1, which is at the 828919ย area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (816872ย area).
Break and close below that level will definitely take price to Support 3 (792064ย area).
Overall bias on the 4 hour chart is that market price is currently Bearish.
Find below computation results for Pivot Point, Support and Resistance levels for the 4th Four Hour Period for 26th March, 2021.
Resistance 3
902629.10
Resistance 2
890282.69
Resistance 1
865774.22
Pivot Point
853427.81
Support 1
828919.34
Support 2
816572.93
Support 3
792064.46
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VIX Pivot 9th March, 2022 (12:16 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 8th March, 2022 at 927036.99
Opening price for today is 927070.87.
Pivot for the day is 930516.89ย and this is well above market open price.
The 4hr chart is currently showing that market price is currently Ranging.
Upper Range level is at 977473, while 882433 is the lower Range level.
Price may breakout higher towards Resistance 1 (958265ย area) before jumping further to 968554ย (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (984725ย area).
Support 1, which is at the 931803ย area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (915631ย area).
Break and close below that level will definitely take price to Support 3 (905342ย area).
Overall bias on the 4 hour chart is that market price is currently Bullish.
Find below computation results for Pivot Point, Support and Resistance levels for the 4th Four Hour Period for 1st March, 2021.
Resistance 3
968525.09
Resistance 2
953817.38
Resistance 1
941505.84
Pivot Point
926798.13
Support 1
914486.59
Support 2
899778.88
Support 3
887467.34
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