The price of VXX has reached levels not compressible despite new records dell'SPX500; All indicators point to this aspect. It 'a great opportunity as they happen every 3-4 years; how to buy SPX500 at 700 level ...
Broadening pattern
Represent a market abandoned by institutional investors.
Indicate with their volatility exhaustion of a bullish trend that the maximum is losing control and is strongly driven by emotional purchases of small investors.
Anticipate violent rebates and are generally formed on top of strong bullish movements.