VIX Daily Pivot Point 28th Aug, 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 28th August, 2021 (20:05 GMT):
V75 1HR TF:
On the One Hour chart, V75 price is currently forming Head and Shoulder at the Resistance level.
However, Price currently at the Neckline.
Price may breakout higher towards Resistance 1 (935501 area) before jumping further to 927831 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (912491 area).
Support 1, which is at the 889481 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (881811 area).
Break and close below that level will definitely take price to Support 3 (866471 area).
Overall bias on the 1 hour chart is Ranging.
Find below computation results for Pivot Point, Support and Resistance levels for four hour time frame (28th August, 2021).
Resistance 3 >>>>>>>>>> 935501.05
Resistance 2 >>>>>>>>>> 927831.12
Resistance 1 >>>>>>>>>> 912491.25
Pivot Point >>>>>>>>>> 904821.32
Support 1 >>>>>>>>>> 889481.45
Support 2 >>>>>>>>>> 881811.52
Support 3 >>>>>>>>>> 866471.65
VIX Pivot 28th August, 2021 (12:05 GMT):
V75 1HR TF:
On the One Hour chart, we currently have V75 price Ranging at the Resistance level.
Price may breakout higher towards Resistance 1 (936393 area) before jumping further to 944980 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (951562 area).
Support 1, which is at the 921223 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (921223 area).
Break and close below that level will definitely take price to Support 3 (914641 area).
Overall bias on the 1 hour chart is Ranging.
Find below computation results for Pivot Point, Support and Resistance levels for four hour time frame (28th August, 2021).
Resistance 3 >>>>>>>>>> 951562.90
Resistance 2 >>>>>>>>>> 944980.49
Resistance 1 >>>>>>>>>> 936393.24
Pivot Point >>>>>>>>>> 929810.83
Support 1 >>>>>>>>>> 921223.58
Support 2 >>>>>>>>>> 914641.17
Support 3 >>>>>>>>>> 906053.92
Result:
At the time of writing this part of the article (around 12:40 GMT), V75 price tested Support 1 (921223.58) in the first forty minutes.
Four hour Pivot point is just above price at 929810.83 area.
Moving on, at the time of writing this part of the article (around 01:25 GMT), V75 price tested Support 2 (914641).
Support 3 is below price at 906053 area.
VIX Pivot 28th August, 2021 (08:05 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 21st August, 2021 at 921122.30.
Opening price for today is 921228.26.
Pivot for the day is 912473.25 and this is well below market open price.
The 4hr chart is currently showing that market price is currently Strongly Bullish from the Bottom, 512787.21 area.
On the Daily chart, we currently have Bullish Daily Candles for ten consecutive trading days.
Price may breakout higher towards Resistance 1 (946646 area) before jumping further to 972171 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (1006345 area).
Support 1, which is at the 886948 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (852774 area).
Break and close below that level will definitely take price to Support 3 (912473 area).
Overall bias on the 4 hour chart is Bullish.
Find below computation results for Pivot Point, Support and Resistance levels for 28th August, 2021.
Resistance 3
1006345.19
Resistance 2
972171.53
Resistance 1
946646.91
Pivot Point
912473.25
Support 1
886948.63
Support 2
852774.97
Support 3
827250.35
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