VXX — volatility-short

| Event date | 2026-09-23 |
| Timeframe | 5m |
| Volume vs. average | 3.0x |
| Risk Reward | +0.5 |
| Tags | climax |
Summary
Second wave of the day ended in a big-volume bar, similar look on SPY. Consolidated for a few bars, and you get an entry at the low of the consolidation. The push looked pretty aggressive, so lock in some and move the stop to the entry price to finish the trade and protect profits.