VXX , derivative on VIX index suggests that we are in good spot to buy some protection. Market participants are very optimistic in recent days, but coronavirus risks still unresolved. In fact, data from China continues to be rather worrying. If we to start another leg lower in equities, today is a good day for it.
Beyond Technical AnalysisfearInverse Head and ShouldersprotectionTrend AnalysisVIX CBOE Volatility IndexVXXWave Analysis

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