Thursday, December 19, 2013

VXX / UVXY

 5 min and 15 min above VIX futures holding up well.

VXX and UVXY are both just under what would be a head fake level, whether intentional or not, the effect is the same when stops are hit.

A pullback to create more of a "W" shape would cause me to add to the position as long as the divergence continues to grow.


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