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Allan Harris
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Developer, Chief Strategist and Head Writer of AllanTrends.com, a trading service based upon a proprietary algorithm that identifies the dominant trend of any stock, index or ETF.
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  • VXX, XIV & The State Of Global Markets 0 comments
    Jan 18, 2013 2:16 PM

    (click to enlarge)One of these days, VXX is going to pop up and provide one heck of a buying opportunity. The chart above is of it's inverse, XIV. As VXX continues Sherman's march to the sea, XIV is relentlessly moving higher, pocketing some serious coin for those who are short VXX by being long XIV.

    (click to enlarge)

    When this symbiotic relationship reverses, there will be a gaggle of attempts put out by the media trying to nail the the bottom of the, "correction." As the following report that was put out by the Gainesville contingent of Elliott Wave Theory explains, there will be no correction.

    The State of Global Markets
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