Get started
SLOPolarBear

VXX - Little More Red in the Markets

Long
iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
SLOPolarBear Updated   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Chart Patterns Technical Indicators Volatility VXX VIX CBOE Volatility Index SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) SPXL SPXS S&P 500 (SPX500)
5
4
chartpattern indicator volatility vxx vix spx spy spxl spxs spx500
Took a small profit on the VXX this morning after spotting hidden bullish divergence in the VIX yesterday evening. Opened a small position again on the pullback to support in anticipation of a small bounce the upper trendline of this descending sedge pattern. Holding off on opening long positions until this burns out tomorrow AM. LONG VXX SHORT market.
Comment:
Comment:
Holding off on opening long positions until this burns out (tomorrow AM) <-- mainly because of that upper trendline in the chart above... if we break above it that implies expansion in volatility. LONG VXX SHORT market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.