VIX - Volatility Index - Daily

VIX (spot) - Daily

The VIX is a volatilty index that tracks market volatility. More information can be found here - https://www.investopedia.com/terms/v/vix.asp

From a technical aspect the VIX is overbought and based on previous history the VIX often declines after a significant spike upward. Initial resistance above sits at 32.50 followed by 35.35. To the downside initial targets/support would be 26.87 the 24. RSI 69.99 reading overbought conditions. MACD is strongly positive, though weak.