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UnknownUnicorn121770

VXX Let's not get ahead of ourselves

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iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
UnknownUnicorn121770 Atualizado   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
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4
vxx
So with SPY near monthly strike peg of 204.5 and weekly at 209 i feel like there's some room for a bearish retracement in VXX. Gap fill might be too deep, but we want to fake reward here to be more confident about our mistake. Yes, i'm joking.
Trade fechado: stop atingido:
Quick and painless. No Asset Managers yet doing the 3:30 ramp, so no VXX hammer either. I will be watching VXX for another short opportunity.

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