iPath Select MLP ETNiPath Select MLP ETNiPath Select MLP ETN

iPath Select MLP ETN

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VXX
Told my friend to buy the vxx last friday after he came to me for what to buy.
I didn't think it would work out that well lol
Snapshot





Exploding 0DTE trading may be distorting the VIX to artificially low levels, forcing a breakdown in the 5-year trendline. Yet, with the steepest 10y/3m yield curve inversion since 1981 becoming even steeper, we can be reasonably certain that higher volatility is in store for the quarters and years ahead.

UVXY VXX VIXY VIXM
Snapshot

No weekly VIX candle has ever closed outside of this (log-scale) triangle structure. By March 2024, that must change as the structure ends then. Since the yield curve is inverted, it's likely that the VIX will break out to the upside.

UVXY VXX VVVIX

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