VIX Pivot 27th December, 2021 (14:05 GMT):

V75 4HR TF:

Volatility 75 Index price closed on the 26th December, 2021 at 878099.13.

Opening price for today is 878122.45.

Pivot for the day is 874349.36ย and this is well above market open price.

The 4hr chart is currently showing that market price is currently Ranging upwards with Price hovering at the Range Top.

On the Daily chart, we currently have Ranging Bullishly in the last eleven days.

Price may breakout higher towards Resistance 1 (907795ย area) before jumping further to 916446ย (Resistance 2).

Break and close above that level will definitely take price to Resistance 3 (926894ย area).

Support 1, which is at the 888696ย area is currently being eyed by the Bears.

A break below Support 1 may take price to Support 2 (878247ย area).

Break and close below that level will definitely take price to Support 3 (869597ย 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 4th Four Hour Period for 27th December, 2021.

 

Resistance 3

926894.70

Resistance 2

916446.16

Resistance 1

907795.51

Pivot Point

897346.97

Support 1

888696.32

Support 2

878247.78

Support 3

869597.13

 

 

V75 1HR TF 27TH DEC 2021

 

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Support and Resistance

 

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