"The VIX and the Powerful 200 day SMA" (VXX; VXZ)

Be careful with this stuff, volatility is not a stock i.e. there is no tradable underlying and hence no "chart memory": see ""Charting the VIX: Does Technical Analysis Work?" (VIX; VXX; VXZ)".
From Afraid to Trade:

Sometimes it’s the simplest things that make the most difference/impact.
Take for example the daily VIX – Volatility Index – and its 200 day Simple Moving Average:

While there are other standard indicators on the chart, let me call your attention to the flat red line – the 200 day simple moving average.

The VIX broke sharply through the 200d SMA initially in April 2010 and in a big way early May (think “Flash Crash”) as Volatility Surged and price (stocks) collapsed.

The VIX fell to the 22.50 level again – 200d SMA – but this time the average provided support as the VIX made it back to 37.50....MORE