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Volatility S&P 500 Index

$VIX under support but holding tight, for now

By ROYAL_OAK_INC
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
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