Stochastic - Oversold
resting above Fib and 200 MA
BULLISH at its current state, buy dips - Analysts will flip the script once they've dug their hands in - the reason for this 3 day sell off.
UNUSUAL OPTIONS EXPIRING IN 1/21/21
PT 1/21/2021 ~ $18
Current support on weekly: 8.90 - Fed Pump buying up regional banking, broke out from bearish trend 7/10/2020
Breaking a Fib upwards indicates a momentum move on intense emotional trading - usually rainfall selling. Using this fib level on VXX will assist in decision to short, or long the market along SPY Fib indicators.
