VIX 75 DAILY TF Pivot 25th November, 2022

V75 Daily TF:

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V75 DAILY PIVOT UPDATE (07:50 GMT):

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

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

Price may breakout higher towards Resistance 1 (567936ย area) before jumping further to 584265ย (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (593606ย area).

Support 1, which is at the 542266ย area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (532925ย area).

Break and close below that level will definitely take price to Support 3 (516596ย area).

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

Find below computation results for Pivot Point, Support and Resistance levels for today 25th Nov, 2022.

Support and Resistance levels for the Day 25th November, 2022

RESISTANCE 3

593606.85

RESISTANCE 2

584265.46

RESISTANCE 1

567936.87

PIVOT

558595.48

SUPPORT 1

542266.89

SUPPORT 2

532925.50

SUPPORT 3

516596.91

V75 25TH NOV 2022



For today’s session, look out for Support at 537596.

Also watch out for Resistances at 584265 and 593606.

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Support and Resistance

 

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