Yakob
Short

Upside is limited. Reversal Candle

BATS:VXX   IPATH S&P 500 VIX SHORT-TERM FUTURES ETN
42 1 0
Fear will plunge soon. $UVXY, $VIX
Don't see many hammer top reversals in VIX/VXX. Important that it held the breakout above 48 into the close. Not saying you're wrong, I just see a few different tells in the equation. Appears to target 56 next in my book. Very unusual behavior for VIX compared to the last 5 years.
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