iPath Series B S&P 500 VIX Short-Term Futures ETNArca
Description
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VXX has broken down its short term downtrend on Friday and is ready for a trading swing to the upsite to the 26-27 level ( I know the long-term downtrend is also down) The VXX is a great ETF to capitalize on volatility. On friday The ETF violated its 5DEMA of the previous day at 22.62 it gave buy signal. in the next 3-5 trading days it should provide to close out the position on higher levels