Wednesday, June 23, 2010

VXX Trend Models

Below is the VXX 480 min and Daily charts.  The 480 minute chart, by its construction, is a good precursor for new Daily chart signals.  In this case, its suggesting an imminent Buy on the VXX Daily @ 28.35, which would be a negative signal for the general market.

VXX 480 Minute Trend Model


VXX Daily Trend Model

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