
$VIX quick breakdown 👀
Currently trading ~19.11 after breaking below the key 21.89–22.42 support zone.
Key levels to watch:
• Resistance: 19.70 → 20.00 → 21.89–22.42
• Support: 18.96 → 18.00 → 17.00
Short-term bias: Mildly bearish.
• 60% chance of continued pullback toward 18–19 this week
• 40% chance of relief bounce back to 21.89+
If geopolitics and Trump posts stay cool, expect more downside pressure. Fast drop from 30+ area has been aggressive — watch 18.96 closely tomorrow. Hold = possible reversal, break = more downside.
What’s your VIX take? 📉 goodnight! 🫡
#VIX #Volatility #Trading #SPX

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