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VXX - Key level is next

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iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
CheelooTrader Atualizado   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Technical Indicators VXX
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trendanalysis indicator vxx
  • 3D VWMA (60) has been tested only once since Sept 01, 2020 and it retraced on Dec 02, 2021 (market with arrow)
  • Negative divergence on the price.
  • All suggest months of pain ahead - UNLESS it is rejected and they keep smashing VXX below 26.
Trade ativo:
3D Candle closes today, so I would until confirmation for the direction. Relief rally could turn into short sqeeze and pummel VXX. Doing nothing is best course for next couple of days.

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