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iPath Series B S&P 500 VIX Short-Term Futures ETN
Long

VXX- BUY THE EFFING DIP (AGAIN)

By CheelooTrader
Updated
Nothing has changed in this cycle...except that drawdowns have been very steep in individual names. Doesn't mean we will see bearishness in months to come...there will be big rallies...enough to strangle shorts and dump to kill longs.

Best idea is to trade lighter and not to be greedy.
Note
IF There is reversal candle on the chart this week, I expect volatility to shoot up. Likely above 25, 30 and 37.
Trade active
As noted, VXX did print reversal candle and 3D chart is definitely shaping for a huge upside move.
Trade active
About to open above 3D range...30 and 36 is next
Trade active
Took some time, but finally hit my target today...will need to see if there will be follow through
SPDR S&P 500 ETF (SPY) Trend AnalysisVXX
CheelooTrader
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