iPath S&P 500 VIX Short-Term Futures ETN (VXX): I notice a solid wall on the daily suppo...

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iPath S&P 500 VIX Short-Term Futures ETN (VXX)

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Re: dealerschool2006 post# 921

Friday, 06/27/2014 10:20:40 PM

Friday, June 27, 2014 10:20:40 PM

I notice a solid wall on the daily support of VXX and UVXY...this isn't common...what does it mean???

What does it mean??? Nothing, absolutely nothing.

VXX and UVXY don't give a hoot about "support" or "resistance". The only care about their indicative value and new roadkill masquerading as "investors". They are derivatives to the fifth and sixth power...

Support doesn't exist!

Resistance is futile!! Submit to the dark side,

Doc

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