AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
4
The price v RSI is obviously not in sync. RSI rising huge, and has been, and price just cannot move, but wound up like a spring. This Comey firing could be the beginning of a black swan May - sell in May - event, distractions in the govt, and ripple effects to getting anything positive done, dems and rep fighting again. Bogged down in ideaology, and not getting any practical things done. No tax reform, no health care, gridlock again? Whatever was being priced in the markets will be sucked out, and the June FED rates things is now confused, markets becoming reactive, without earnings to offset the focus.
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