Friday, January 31, 2014

Volatility breaks out

The volatility ETF (VXX) broke above resistance today on heavy volume.
It looks to me like some deep pockets are buying some insurance against the downside.

Let's see if I can post a picture:

I guess not. I don't know what is up with this blogsite.

Anyway, the action was not positive today.

here, try this::::  vxx


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