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bi4options

Volatility Round 2

Long
iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
bi4options  
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Chart Patterns
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trendanalysis chartpattern
I know history doesn't always repeat itself but in 2008 the VIX peaked twice, and we've only seen the first peak in 2020. People are still scared. Wait for good news before shorting VXX.

VXX seems to have formed a fairly strong upward channel touching 6 points.

Thanks for reading.
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