The VIX is coming under fresh downside pressure, with the November bear trend extending further, with prices now approaching trendline support from 2014 and the 11.02 low of August.
A tick lower in the Tension Indicator anticipates risk of a deeper reaction towards critical support at the 10.28-10.88 year lows of 2014-2015, but any immediate tests are expected to settle into consolidation as stochastics are already oversold and showing signs of stabilising.
Resistance is lowered to the 14.72 high of 1 December and extends to the 15.56 high of 14 November. A close above here would help to stabilise price action and open up a test of minor congestion around 19.00, but a break above the 23.01 high of 4 November is needed to improve price action and target multi-month critical reactions at the 26.72 high of July.
A tick lower in the Tension Indicator anticipates risk of a deeper reaction towards critical support at the 10.28-10.88 year lows of 2014-2015, but any immediate tests are expected to settle into consolidation as stochastics are already oversold and showing signs of stabilising.
Resistance is lowered to the 14.72 high of 1 December and extends to the 15.56 high of 14 November. A close above here would help to stabilise price action and open up a test of minor congestion around 19.00, but a break above the 23.01 high of 4 November is needed to improve price action and target multi-month critical reactions at the 26.72 high of July.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.