Market Update: Crude Oil and Volatility $VIXVOLATILITY S&P 500TVC:VIXROW_PartnersFollowing up on our recent calls. Both crude oil and the VIX played out directly in line with our targets, giving us clean setups to review as the broader market finds its footing. WTI Daily Crude made a steep move higher and is now going through a healthy pullback to test key moving average support. Key technical points on oil Price is pulling back toward dynamic support at the primary moving average after topping out. Daily RSI has cooled down from overbought territory and is sitting right at the 50 neutral level. This resets the momentum oscillator while keeping the larger uptrend intact. Minor structural price support rests near the 93 zone. If buyers step in here to defend the moving average confluence, expect a base to form for the next leg up. A break below 93 opens the door for a deeper test toward the 88 - 90 area, but for now, the pullback looks orderly with volume tapering off after the initial spike. Volatility Index On the other side of the tape, the VIX continues to behave predictably within its broader downward channel. Key technical points on VVIX The index is has pretty much filled the lower daily gap. The trend remains a clean downward channel with lower highs and lower lows intact across the daily timeframe. RSI on the VIX is hovering in a standard neutral zone. As always, keep in mind that VIX RSI tends to be wonky and is not 100% reliable compared to equities or commodities due to mean reverting volatility dynamics. As long as the VIX remains trapped below its descending channel trendline, the path of least resistance for equity market fear remains tilted to the downside. The Takeaway Energy is resetting at critical moving average support while fear metrics are compressing back toward their baseline range. Watching how oil reacts around the 93 support shelf and whether VIX fully seals its lower gap to dictate the next directional swing across broader indices. TGtg!