gcplau
Long

SPY down underway Pattern, PA & Cycle - half risk size

AMEX:VXX   IPATH S&P 500 VIX SHORT TERM FUTURES TM ETN
93 3 1
Expecting Medium to Major dive for cycle, broadening wedge & unusual volume drop.

Trade closed manually: Close Manually. Lost 0.15 R/R.
Reason...? political stock market, amex etf....
Thanks for comment. If you are right, then this VXX is a joke...you see, it takes one week/weeks to dive 10~30%, and you are saying it takes a "2008 crash" to go up 12%? Right? Can you explain please. I remember VIX can go from $12 to $50~70 when S&P market dive 30%, and I do realize VXX is not following VIX in a linear way, I did not expect a 2008 crash to set the TP.
Reply
u r too optimistic. it will hit that highest price of 52 when market will crash like 2008. i m not seeing that happening. VXX can go to 40-42 at the max.
Reply
gcplau LetsBeMillionaire
Oh...may I ask did you notice the 1/4 split yesterday? the $52 now is $13 days ago....maybe the 1/4 split mislead your assessment on the number? May be that's the differences?
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out