The VIX has rebounded sharply from the 18-20 support zone, showing clear institutional absorption. Price is now approaching a key weekly resistance at 30-35, which also aligns with a gap that could act as a short-term magnet.
If volatility expands further, the next upside targets are 35 (gap fill) and 50 (historical 2017 tariff zone).
If rejected at current resistance, downside support levels remain at 20 and 15-18.
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