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axelroark
Sep 3, 2019 7:22 PM

Double Breakout Setup for Volatility Products Short

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

Description

VXX, VIX, TVIX, VIXY, etc all consistently banging against a descending diagonal trend line, meanwhile also printing an inverse head & shoulders pattern. A break above neckline or DTL suggests a massive move higher for volatility, which spells trouble for equities and indices.
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