TradingView
Yogigolf
Jul 31, 2019 4:06 AM

VXX downtrend continuation  Short

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

Description

Looks like VXX is continuing its downtrend as it has run into multiple resistance points and is forming a bear flag. With futures up and a positive reaction to Apple earnings vxx has a poor chance to break out with stoch already overextended and bearish divergence on RSI.
Comments
transparent-fx
the fact that you are sharing your view it's very nice, thanks for sharing. i also share very valuable content, i'm sure you will find it usefull
More