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SLOPolarBear

VXX - Little More Red in the Markets

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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
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)
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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.
Komen:
Komen:
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.
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