VXX/VIX - Looking for move above resistance today?

iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)

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AMEX:VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

Trend Analysis Wave Analysis Chart Patterns VIX CBOE Volatility Index VXX SPX (S&P 500 Index)

trendanalysis waveanalysis chartpattern vix vxx spx

To early to have the latest VX data for the day. However, looking at S&P and NASDAQ outlook for today I am going to say we get a good move to the upside today above the resistance line. If so, then this could setup a new support line and may indicate that VIX is looking for a larger break out later in the week.

Komen:

Out of no where rally in Nasdaq throwing everything off this morning. But can it hold?

Komen:

Back under the resistance. The market just won't quite. S&P 500 wants that ATH.

Idea Berkaitan

about US100 4

about SPX500USD 1

about SPY 24

Penafian

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