It is expected and already priced higher VIX levels due to november 03 US presidential election, Trump x Biden. But we note a gap to be filled below current prices, there will be enough time to reach before the storm?
target down: the gap to be filled
17.1
(or 18.2 day high)
easy targets up:
28.5
31.4
36.8
more targets up:
45.5
50.8
march/2020 levels reached:
59.5
73.6
82.3
all-time-high from october/2008
96.3
#Disclaimer: this is not a buy/sell recommendation. Use this study at your own risk.