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

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$VXX Chart - S&P 500 VIX Short-Term Futures ETN has been forming candles in a strong down channel - the key for the bulls is to close above the red descending resistance line & break the 50 DMA @ 19.67 resistance level - a close above the 50 Day Simple Moving Average puts the 100 DMA @ 23.56 on deck - the green descending support line is the key level to hold -