(goofed on initial save of this analysis, only 1 chart - see same analysis with both charts) Both the S&P and VIX have reached significant support / resistance zones. The zone on the VIX can be seen to go back for a while; as well as holding the market more recently (2013 +) We can see that this currently corresponds with a significant market s/r on the S&P. The VIX suggests that the current drop from the market may end soon.... or else the VIX is going to need to break its long term resistance. If the current s/r's fail, we can see the next likely market levels to take note of.