VXX - ES Weakening with even greater Technical Divergences

VXX coming back to lower end of Range.

We are preparing for a large Selloff in the next 48 hours.

VXX Entries are Laddered down to 24.50 from 27.05.

M1/M2/M3 VX Curve as well M3-M4 provide pressure for now...

Only for Low Participation - We anticipate a High Tomorrow at the
latest for ES.

It can hold off as late as Globex... we'll be 40% into our SELL with
the follow on SELLs into September TF 8th - 21st.

December will be our Futures SELL, SEP the Hedge.

Chart PatternsTechnical IndicatorsTrend AnalysisVIX CBOE Volatility IndexvxvxcurveVXX

Penafian