Trader_Kaji

Trade Idea: Long VXX @ 53.00

Largo
Trader_Kaji Actualizado   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Throughout this short term reaction bounce yesterday and today, volatility indexes have stayed relatively strong. VXX had a deep gap down on Tuesday but started to trend higher with the market indexes. Today VXX closed green with market indexes. As the short term trend on the market indexes seems to be terminated, I believe as markets start to retest lows, we could see VXX retest highs in the near future.

Long @ 53.01
Stop loss @ 47.25
Target @ 70-75 but start scaling out at 60
Comentarios:
Updated look on VXX. Looks good above 51. Stop loss at low of this current consolidation. I would wait till Monday for confirmation.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.