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

[risk on]

Held up rather decent yesterday , ATC, and I did say we would probably see “ one more time in the barrel w a base test , and possibly even s drop below that base and close back above in the same day as solid confirm”


And then fail of the 27 ema starting early this week , was what clues me to it falling off .

The weekly fractal chart also shows rock solid ( R ) at its 9 ema


Overall though , I still think there’s one more hurrah going to occur in the near future , provided the ( Support ) base on the daily remains “closed above “