VXX bottomed out?
Updated
The VXX trend looks like it might have found its bottom. Note that it has a more rounded lows (not sharp), the recent low is higher, and the RSI is on the rise.
The VVIX is also on the rise and holding at the trend line.
The VVIX is also on the rise and holding at the trend line.
Note
Starting to moveNote
end of dayNote
VVIX rose nicely today just as predictedNote
FridayNote
End of day Friday.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.