TradingView
CosmicDust
Aug 1, 2014 4:17 PM

VXX vs. IWM 

iPath Series B S&P 500 VIX Short-Term Futures ETNArca

Description

With VXX fast rising against the resistance, RSI is approaching short term overbought zone, meanwhile, IWM is sitting right on a support line that has been formed since Nov. 2013. If this support line can hold for today, I expect a IWM rebound early next week. Otherwise this line may become new resistance.
More