This is the VXX, a volatility indicator that has an inverse relationship with the market's direction.
Again, some strange readings as it almost seems as if our top is being reset for a downside move.
VXX 1 min positive leading divergence indicating accumulation
VXX 5 min positive leading divergence indicating accumulation
VXX 10 min positive leading divergence indicating accumulation
VXX 15 min positive leading divergence indicating accumulation
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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