VIX 75 DAILY TF Pivot 24th November, 2022

V75 Daily TF:

 

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V75 4HR PIVOT UPDATE (07:10 GMT):

The Daily chart is currently showing that market price is currently Bearish.

The market Price is currently testing the Daily Time Frame Pivot.

Price may breakout higher towards Resistance 1 (577834 area) before jumping further to 591658 (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (612061 area).

Support 1, which is at the 543608 area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (523205 area).

Break and close below that level will definitely take price to Support 3 (509381 area).

Overall bias on the Daily chart is that market price is currently Bearish.

Find below computation results for Pivot Point, Support and Resistance levels for today 24th Nov, 2022.

Support and Resistance levels for the Day 24th November, 2022

RESISTANCE 3

612061.03

RESISTANCE 2

591658.45

RESISTANCE 1

577834.68

PIVOT

557432.10

SUPPORT 1

543608.33

SUPPORT 2

523205.75

SUPPORT 3

509381.98

V75 1HR TF 24TH NOV 2022



For today’s session, look out for Resistance at 584746.

Also watch out for Supports at 523205 and 509381.

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Support and Resistance

 

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