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tipere445

Potential H&S - Market is about to reverse long

Short
iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
tipere445 Updated   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Chart Patterns
5
4
chartpattern
Good day folks,

The title says all; we could have a Head & Shoulder showing up on VXX. Nothing sure yet, but look for the right shoulder. My opinion is that we could see a reversal tomorrow afternoon or Wednesday.

Thank you,
Comment:
I think that it is about to move up soon for the right shoulder.
Comment:
Looking good so far. I think we could make a double-top like Sep 06 or a Head & Shoulder. We'll see.
Trade closed: target reached:
Could see a short-term reversal, it is safer to close.
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