VXX is falling so quick it's causing an oversold condition which is to say buyers are most likely stepping in and picking up protection at a discount ahead of tomorrow, it is effecting the major average intraday, to what extent is hard to say as things are moving so fast.
I'm going to check what I can and as I warned last night, if need be, I'd pull short term trading positions if I don't see an edge.
5 years ago
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