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

#VXX #VIX #SPX #SP500 Head and Shoulders Nearing Complete

By B15H
Updated
I wrote, earlier that We looked like we could be getting a Head and Shoulders on the #VIX #VXX, what that means that volatility was looking to deteriorate, #SPX #SP500 would see a rally. We saw that this past week. Waiting for this break to see IF there is more upside in #SPX.
Comment
As expected The VIX rejected the neckline and rallied.
Chart PatternsdjiafxheadandshoudersIndicesSPX (S&P 500 Index)Trend AnalysisUSDVIX CBOE Volatility IndexVXX
B15H
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