HomeMarketsTechnical AnalysisSPX Resistance Push, VIX Treads Lower & NVDA Breakout Potential

SPX Resistance Push, VIX Treads Lower & NVDA Breakout Potential

The SPX moved higher on the session and showed a significant upside channel into 6,500 resistance. Kevin Green says he needs to see that channel hold for the next couple of sessions for bullish optimism to solidify. He adds that VIX was at its lowest level since December, though a readjustment may come sooner than expected. On Nvidia (NVDA), Kevin points out how the A.I. stock is testing a breakout to new all-time highs.

Market On Close

28 Aug 2025

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