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

[risk on]

Yesterday was a rather classic pivot candle, but nothing seems to conform to the wild rabies beast known as VXX. The one pattern that is clear, the initial pop we saw from two Friday's ago, may of been a precursor to a bigger move that follows close behind. I've seen that multiple times on VXX.

I don't trade VXX, well very rarely for entertainment I'll buy some calls and even puts, but I put as much stock in those as I do a lottery ticket.

VXX is a decent indicator against SPY for intraday moves