VIX Daily Pivot Point 29th 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 29th August, 2021 (16:45 GMT):

V75 1HR TF:

On the One hour time frame, V75 price is attempting to break and close above the Resistance 1 level (896537)

Price may breakout higher towards Resistance 1 (896537 area) before jumping further to 904635 (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (919770 area).

Support 1, which is at the 873304 area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (858169 area).

Break and close below that level will definitely take price to Support 3 (850071 area).

Overall bias on the 1 hour chart is Bullish.

Find below computation results for Pivot Point, Support and Resistance levels for four hour time frame (29th August, 2021 at 16:40 GMT).

Resistance 3 >>>>>>>>>> 919770.41

.Resistance 2 >>>>>>>>>> 904635.64

Resistance 1 >>>>>>>>>> 896537.40

Pivot Point >>>>>>>>>> 881402.63

Support 1 >>>>>>>>>> 873304.39

.Support 2 >>>>>>>>>> 858169.62

Support 3 >>>>>>>>>> 850071.38

 

VIX Pivot 29th August, 2021 (14:40 GMT):

V75 1HR TF:

At the time of writing this part of the article (around 14:40 GMT), V75 price is approaching Resistance 1 (884257.32).

Four hour Pivot point is just below price at 878211 area.

Price may breakout higher towards Resistance 1 (884257 area) before jumping further to 894793 (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (900839 area).

Support 1, which is at the 867674 area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (861628 area).

Break and close below that level will definitely take price to Support 3 (851092 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 (29th August, 2021 at 12:00 GMT).

Resistance 3 >>>>>>>>>> 900839.85

.Resistance 2 >>>>>>>>>> 894793.53

Resistance 1 >>>>>>>>>> 884257.32

Pivot Point >>>>>>>>>> 878211.00

Support 1 >>>>>>>>>> 867674.79

.Support 2 >>>>>>>>>> 861628.47

Support 3 >>>>>>>>>> 851092.26

AFTER

Price surged past Resistance 1 (884257) and price tested Resistance 2 (894793) around 16:00 GMT.

VIX Pivot 29th August, 2021 (06:03 GMT):

V75 4HR TF:

Volatility 75 Index price closed on the 28th August, 2021 at 888305.66.

Opening price for today is 888250.90.

Pivot for the day is 904355.32 and this is well above market open price.

The 4hr chart is currently showing that market price is currently Bullish from the Bottom, 512787.21 area.

On the Daily chart, we currently have Price at the Resistance area.

Price may breakout higher towards Resistance 1 (922348 area) before jumping further to 956391 (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (974384 area).

Support 1, which is at the 870312 area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (852319 area).

Break and close below that level will definitely take price to Support 3 (818276 area).

Overall bias on the 4 hour chart is Bullish.

Find below computation results for Pivot Point, Support and Resistance levels for 29th August, 2021.

Resistance 3

974384.27

Resistance 2

956391.17

Resistance 1

922348.42

Pivot Point

904355.32

Support 1

870312.57

Support 2

852319.47

Support 3

818276.72

 

 

 

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