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Volatility S&P 500 Index

$VIX under support but holding tight, for now

178
VIX is trading under the "13" support level.

The 12 area has not been touch & there's a struggle trading above 13 again.

Let's dissect shorter term, 1Hr (not here, see profile)
There's slight positive divergence being formed.
However, it is way to early to say #VIX will reverse here.

SPX closed STRONG on Friday and the #SPX500 had the highest in 2023.

SPY
ROYAL_OAK_INC
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Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTrend AnalysisVIX CBOE Volatility IndexVIXY

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Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) StocksTrend AnalysisVIX CBOE Volatility IndexVIXY
ROYAL_OAK_INC
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.