VXX - Key level is next
- 3D VWMA (60) has been tested only once since Sept 01, 2020 and it retraced on Dec 02, 2021 (market with arrow)
- Negative divergence on the price.
- All suggest months of pain ahead - UNLESS it is rejected and they keep smashing VXX below 26.
Trade ist aktiv:
3D Candle closes today, so I would until confirmation for the direction. Relief rally could turn into short sqeeze and pummel VXX. Doing nothing is best course for next couple of days.
