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

[risk on]

Might wanna make sure it holds the recent low ( Apx 40) put in after its recent peak. Although, VXX has a trade mark tell, in that, it will sometimes post one daily candle below Support line before it goes berserk. Vxx has established S at 43 over the past two days, and today’s gap down candle could be that one daily candle I’m referring to. I’ll be watching closely, because there is also S for VXX at 41 ( 27 ema , proven repeatedly)
So it has a two lines ( 41 and 40 ( recent low) ) it could use to spring board off of right below current price, and one (43) it could close back above today as a good indication. or if it can hold it other S at 41. A touch of 41 and close back above or at 43 would be very strong, a touch of 27 ema ( 41) and close back above its 9 ema ( 43.5 ) would be stellar indicator.