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HoustonxMTL

Downside bias

iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
HoustonxMTL  
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX VIX CBOE Volatility Index
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0
vxx vix
A couple of pertinent upside gaps -

Gap @ 33.31
Gap @ 28.62.

However numerous downside targets in the form of gaps remain unfilled, which would be supportive for a broader market rally.

Gap @ 24.71
Gap @ 20.72
Gap @ 17.62
Gap @ 16.26

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HoustonxMTL
2 possible scenarios for the SPY
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