TomPip
Short

VXX Let's not get ahead of ourselves

AMEX:VXX   IPATH S&P 500 VIX SHORT TERM FUTURES TM ETN
VXX
185 4 1
vxx
So with SPY             near monthly strike peg of 204.5 and weekly at 209 i feel like there's some room for a bearish retracement in VXX             . Gap fill might be too deep, but we want to fake reward here to be more confident about our mistake. Yes, i'm joking.
Trade closed: stop reached: Quick and painless. No Asset Managers yet doing the 3:30 ramp, so no VXX hammer either. I will be watching VXX for another short opportunity.
There is also a gap at 21.19 to 21.37 as well.
+1 Reply
Will Wong Will Wong
Gap filled!
+1 Reply
TomPip PRO Will Wong
Mannn i totally missed the short. First by entering too soon, second by forgetting to enter.
Reply
Guess you didn't miss much! Market has turned around. The shooting in Paris became an excuse for the market to rally! Interesting change.
Reply
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