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

[risk on]

VXX going to continue dropping until we see a true base / bottom form. Once we see a bottom with at least one decent confirm candle , VXX will get off its chain and go rabid, how high? No one knows. How long until this occurs? No one knows. But, one thing I do know is that these chaotic surges in VIX and its derivative ETFs is short lived and unpredictable. Those two existential fundamentals for VIX pops may change in future, but for the last 9 years , that's the way it is.