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VXX breakout from curving downtrend
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX breakout from curving downtrend
By sushi_money
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Uppdaterad
9 sep. 2016
3
Heja
Heja
3
3
26 juni 2016
In July 2015 VXX broke out of a curving downtrend for a great return in about a week.
Now this past week it is continuing to replicate the same pattern held in 2015.
My thoughts are that it will drop to $12.80 and then spike to a possible $26.00 if it follows the downtrend drawn.
9 sep. 2016
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Hope some of you guys were able to catch this/are able to jump in late.
BTW. The reason it looks like it gapped up on open is becuase there was a 1/4 split
midterm
shortterm
VIX CBOE Volatility Index
VXX
sushi_money
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