$VIX - Gap Support

Markets are heading into a holiday week.  Typically this means quiet markets.

SPX is very weak, but also trading in a tight range.  VIX has orange rectangle support at 24 and a large gap at 22 which may be tested.

Daily Chart

TVIX - Get Ready!

TVIX has been consolidating and appears to be getting ready for another Volatility spike.  TVIX should fall next week to test the main support.

Price and Time have come together this month of May.

Daily

30min Chart