VXX looks ready for a move to the upside!

Long

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

Mis à jour

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

trendanalysis chartpattern indicator etfs trading stocks

For this analysis we overlay our Proprietary Oscillator over the price chart and we can see a pretty large positive divergence. We are looking for price to run up to possibly the $22 range and have written a pretty extensive article on our site.

Commentaire:

The market is not holding yesterday's lows and VXX now has the $22 price in it's sights. Everyone has brought out the stats historically about a turnaround after a big dump but with the lows being broken an even bigger flush is coming. Either a reversal to the upside in the SPY, DIA, QQQ occurs or we flush.

Idées en relation

about MMTH

about VXX 11

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.