VIX Daily Pivot Point 4th July 2021
This page will show readers Pivot point levels for Volatility Index VIX, and how price may move for the day.
The 4 hour time frame will be our focus for today’s pivot point analysis.
VIX Pivot 4th July 2021 (10:45 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 3rd August, 2021 at 572205.73.
Opening price for today is 572129.72.
Pivot for the day is 575663.25 and this is well above market open price.
The 4hr chart is currently showing that market price is currently Bearish from the Top, 757879 area.
On the 1hr chart, we currently have the development of a Double Bottom.
Price may breakout higher towards Resistance 1 (591147 area) before jumping further to 610088 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (625573 area).
Support 1, which is at the 556721 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (541237 area).
Break and close below that level will definitely take price to Support 3 (522295 area).
Overall bias on the 4 hour chart is Bearish.
Find below computation results for Pivot Point, Support and Resistance levels for 4th July, 2021.
Resistance 3
625573.01
Resistance 2
610088.93
Resistance 1
591147.33
Pivot Point
575663.25
Support 1
556721.65
Support 2
541237.57
Support 3
522295.97
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