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VXX Trend Models

|Includes: iPath S&P 500 VIX Short-Term Futures ETN (VXX)
Here's an update from Allan on the VXX chart, showing a shorter-term chart on a buy signal and suggesting a possible new buy on the daily chart soon. - Ilene 

VXX Trend Models

Courtesy of Allan

Below are the VXX 480 min and Daily charts.  The 480 minute chart, by its construction, is a good precursor for new Daily chart signals.  In this case, its suggesting an imminent Buy on the VXX Daily @ 28.35, which would be a negative signal for the general market.

VXX 480 Minute Trend Model
 

VXX Daily Trend Model  

Allan’s “Trend Following Trading Model,” is based on his trend-following trading system for buying and selling stocks and ETFs. Most trades last for weeks to months. Allan’s offering PSW readers a special 25% discount. Click here.  For more details, read this introductory article. 

Disclosure: none