$VIX under support but holding tight, for now

Volatility S&P 500 Index (CBOE_DLY:VIX)

CBOE_DLY:VIX Volatility S&P 500 Index

Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) Stocks VIX CBOE Volatility Index VIXY

trendanalysis chartpattern indicator spy spx spx500 stocks vix vixy

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.

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