VIX Daily Pivot Point 31st July 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 31st July 2021 (10:45 GMT):
V75 4HR TF:
Volatility 75 Index price closed on the 30th July, 2021 at 677607.12.
Opening price for today is 676826.36.
Pivot for the day is 675094.45 and this is well below market open price.
The 4hr chart is currently showing that market price is currently Bearish from the Top, 757879 area.
Price may breakout higher towards Resistance 1 (695585 area) before jumping further to 713564 (Resistance 2).
Support 1, which is at the 657115 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (675759 area).
A break and close below that level will definitely take price to Support 3 (636624 area).
Overall bias on the 4 hour chart is Bearish.
Find below computation results for Pivot Point, Support and Resistance levels for 31st July, 2021.
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