VIX - Daily - Prices are quite high. Resistance is above at 35.

Technicals

From a technical aspect, the VIX is overbought and high in price. As the green circle represent when the IVX spikes it often comes back down and currently we have had a spike, however, the index has sustained the high price due to uncertainty in the economy and from a geopolitical point of view. That being said, the upside is likely limited with a tough resistance at 35. A break above here could take the VIX to 40, but this is probably unlikely. Towards the downside, initial targets are 26.4 followed by 22.3. The federal reserve increasing interest rates will probably be priced into the VIX so only more poor earnings and Ukraine escalation could probably increase it. Historically the VIX is pretty high right now.