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tipere445
Jan 29, 2019 5:02 PM

We could be trading in a range for the next 15 days 

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

Description

Good day folks,

Based on volatility, the market could trade within a range for the next 15 days. So VXX is on channel support and into an ascending triangle (bullish). Resistance at 40. If the chart is good, this could provide a few long and short opportunities.

Thank you,

Comment

Well, next support is at 32!

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Comments
DaddySawbucks
Tyvm for post good observation. Dang VIX goes soft and option premiums wilt > low Vega. It's the Greeks!
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