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

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

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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.
Note
As expected The VIX rejected the neckline and rallied.
B15H
Also on:
Chart PatternsdjiafxheadandshoudersIndicesSPX (S&P 500 Index)Trend AnalysisUSDVIX CBOE Volatility IndexVXX

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.
Chart PatternsdjiafxheadandshoudersIndicesSPX (S&P 500 Index)Trend AnalysisUSDVIX CBOE Volatility IndexVXX
B15H
Also on:

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.