AI
VXX long - 1/2 lot size purchased at 17.86 to 17.88
reserve the other 1/2 lot for VXX entry below 17.48 if seen this week
VXX = S&P 500 VIX short-term futures
1st upside target that is possible is above 18.20
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the intraday volatility and upside risk may actually increase in the next few days as this one S&P 500 internals metric rises to its prior 2015 high region:
daily chart for the % of S&P 500 components above their 50-day ema:
* in addition, the chart setup for the RSP:SPY ratio bodes for an increase in price volatility, near-term
reserve the other 1/2 lot for VXX entry below 17.48 if seen this week
VXX = S&P 500 VIX short-term futures
1st upside target that is possible is above 18.20
------------
the intraday volatility and upside risk may actually increase in the next few days as this one S&P 500 internals metric rises to its prior 2015 high region:
daily chart for the % of S&P 500 components above their 50-day ema:
* in addition, the chart setup for the RSP:SPY ratio bodes for an increase in price volatility, near-term
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