[Observation] VXX holding above short term supports.
As a confirmation to my overall bearish equity view, VXX refuses to sell down below support.
Zooming in, today's bottom is also yesterday's high. Fractal nature of markets.
No position in VXX. I already took profits on the morning's pop. I am short other things like XLF and FB.
I think there will be follow through, but don't want to short the market into the weekend.
This is a great day to raise LOTS of cash into the weekend.
Zooming in, today's bottom is also yesterday's high. Fractal nature of markets.
No position in VXX. I already took profits on the morning's pop. I am short other things like XLF and FB.
I think there will be follow through, but don't want to short the market into the weekend.
This is a great day to raise LOTS of cash into the weekend.