Wednesday, August 24, 2011

Trade Idea VXX (Short)

I look at this one as more of a swing trade (short) and I'd prefer to use options, but I WOULD NOT hold them until expiration.

There's good alignment between the timeframes showing negative divergences. Remember also that VXX trades inversely to the market.

 VXX 60 min

 VXX 30 min

 VXX 15 min

 VXX 10 min

 VXX 5 min

VXX 1 min

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