iPath S&P 500 VIX Short-Term Futures ETN (VXX): The double top fail on DIA yesterday and...

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

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Re: DownWithPumpers post# 1025

Wednesday, 08/27/2014 9:39:58 PM

Wednesday, August 27, 2014 9:39:58 PM

The double top fail on DIA yesterday and today's Doji could be a candle stick formation long termers may not mind , but it may spell a correction. The broader markets have been living in overbought way too long ( last three years ) w out a correction on the ten year chart. If you pull up DIA chart for that time frame, it currently looks a whole lot like 2007-2008.

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