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Silvestrov
Feb 5, 2020 2:30 PM

Spot to buy some protection?  Long

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

Description

AMEX:VXX , derivative on CBOE:VIX index suggests that we are in good spot to buy some protection. Market participants are very optimistic in recent days, but coronavirus risks still unresolved. In fact, data from China continues to be rather worrying. If we to start another leg lower in equities, today is a good day for it.
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