Similar to other forms of trend line analysis, pivot points focus on the important relationships between high, low and closing prices between trading days; that is, the previous day's prices are used to calculate the pivot point for the current trading day. Pivot Analysis in the lifetime Market season indicates that S5 reached two times and the next VIX decline to normal Index. according to these past support pivot Lines, we can expect that VIX index likely touches Level 72-74.
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