AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
In downtrend Wedge,
at support line.
Prepare for SPY Gap Down.

Entry 16.5
Stop 13
Target 40

I created a tool "MM_SMA_Swing" to draw swing in tradingview chart.
Each swing must cross SMA50.
This tool could help to draw trendline, and ignore the noise.

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Trade active:
Option trade:
Buy Jun Call Spread 13/40, limit 3.8,
Delta=0.57 Theta = 0.00
no Stop in Option.
Trade closed manually:
closed 2.6, small loser
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