VXX - Arb Low into New ATL's
Not ready for Prime Time, but then with Lower Objectives below
and Daily Lows day after day with lower Yearly Lows...
It is beginning to look as if the VFX could trade into the 15s at this
rate - currently 19.05.
Volatility continues to be beaten with the Ugly Stick.
___________________________________________________________
There has not been a Retacement exceeding the .382 in 10 days with
1 and only 1 exception.
A new streak for the VX complex.
The Fed's mercurial puncture wounds continue to press and with CASH @ 17.15
and 15's in sight, one wonders how off base this will trade given the enormous
Risk profile Globally.
and Daily Lows day after day with lower Yearly Lows...
It is beginning to look as if the VFX could trade into the 15s at this
rate - currently 19.05.
Volatility continues to be beaten with the Ugly Stick.
___________________________________________________________
There has not been a Retacement exceeding the .382 in 10 days with
1 and only 1 exception.
A new streak for the VX complex.
The Fed's mercurial puncture wounds continue to press and with CASH @ 17.15
and 15's in sight, one wonders how off base this will trade given the enormous
Risk profile Globally.
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