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NAK1987
Jan 29, 2021 5:55 PM

VXX, Long hedge posistion  Long

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

Description

Here is my take on the VXX which I longed as the QQQ broke its upward channel support trendline and spy , which already broke its channel support, made lower lows .

Good luck ~

Trade closed manually

Closed at cost on this one , not comfortable holding this through the weekend .

Kept defensive shorts open on QQQ and SPY open as I think the odds still favor more downside and would like to keep my account somewhat hedged ..
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