iPath Series B S&P 500 VIX Short-Term Futures ETNArca
Description
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Here is my VXX "indicator" analysis. If the pattern holds, then it looks like we could see a spike in the next week or so. What do you think? Am I crazy like a fox or just crazy?
Are you an ironically named bear bot that exists for the sole purpose of encouraging retail bears to donate their money to brokers and pro traders?
Benfj
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Thanks, seems to be a very good idea and trading tool! What settings do you have for the divergence indicator? I have standard settings and it seems when your RSI is already below 30 mine isn't.. great article
ProfitHarvest
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Seems likely... great analysis as always!
One-World
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Thx for sharing, it's better when you combine this 4h view with 1D and 1h. To me all of them show buying opportunities, which is not very common. GL!
Dr_Roboto
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@piscitear, agreed. I usually look at all time frames. The longer the time frame the more "robust" the indicator. However, when buying I always use the lower time frames to trying to get the best price (sometimes down to 5 minutes).