VIX held the support level specified in the VIX forecast. As well, VIX also surged up last week in tune with the rise shown in the VIX forecast.
VIX tested the midfork on Friday, and some mild resistance for several days could be expected. Short term, the next high is targeted for VIX late this month.
Overall the VIX Cycle shows an elevated VIX for a couple more months.
60min Chart
Forecast:
2hour Chart
