VIX Daily Pivot Point 14th August, 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 14th August, 2021 (07:45 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 13th August, 2021 at 566427.38.
Opening price for today is 566481.39.
Pivot for the day is 555074.60 and this is well below 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 Bullish Breakout of an Inverted Head and Shoulder pattern.
Price may breakout higher towards Resistance 1 (580727 area) before jumping further to 595028 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (620681 area).
Support 1, which is at the 540774 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (515120 area).
Break and close below that level will definitely take price to Support 3 (500820 area).
Overall bias on the 4 hour chart is Bearish which is attempting to change to Bullish.
Find below computation results for Pivot Point, Support and Resistance levels for 14th August, 2021.
Resistance 3
620681.82
Resistance 2
595028.49
Resistance 1
580727.93
Pivot Point
555074.60
Support 1
540774.04
Support 2
515120.71
Support 3
500820.15
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