VIX 75 Four Hr TF Pivot 23rd July, 2022
V75 4HR TF:
Volatility 75 Index price closed on the 22nd July, 2022 at 819891.23
Opening price for today is 819784.62
Pivot for the day is 828781.21 and this is well above market open price.
Support and Resistance levels for the 6th Four Hour Period for the Day
Resistance 3
852991.60
Resistance 2
842455.17
Resistance 1
835527.93
Pivot Point
824991.50
Support 1
818064.26
Support 2
807527.83
Support 3
800600.59
Support and Resistance levels for the 4th Four Hour Period for the Day
Resistance 3
866663.28
Resistance 2
852078.09
Resistance 1
841419.18
Pivot Point
826833.99
Support 1
816175.08
Support 2
801589.89
Support 3
790930.98
Support and Resistance levels for the 3rd Four Hour Period for the Day
The 4hr chart is currently showing that market price is currently Bullish.
The market Price is currently testing the 4hour Time Frame Pivot (retracing in a Bullish Trend)
Price may breakout higher towards Resistance 1 (822843 area) before jumping further to 829236 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (8361743 area).
Support 1, which is at the 809512 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (802574 area).
Break and close below that level will definitely take price to Support 3 (796181 area).
Overall bias on the 4 hour chart is that market price is currently Bullish.
Find below computation results for Pivot Point, Support and Resistance levels for the 3rd Four Hour Period for 23 July, 2021.
Resistance 3
836174.91
Resistance 2
829236.40
Resistance 1
822843.80
Pivot Point
815905.29
Support 1
809512.69
Support 2
802574.18
Support 3
796181.58
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