AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Clean chart.
No lines, no mess here, just a simple concept.

If a VXX/VIX at this low, with an up-trending volume doesn't make you uneasy.. I don't know what to tell ya..

Market optimism is a wonderful thing and personally I love the days more when I have a bullish attitude (because who wouldn't want to support the economic success of everyone?), but I also acknowledge that some people (*cough* market makers *cough*) make the largest profit my fleecing the doe-eyed.

"to the moon" "4k spx at least!" and this dangerously low VXX/VIX, as well as (way too easy) accessibility to options as a trading instrument for many unqualified retail traders. We have people overleveraging with little-to-no market education. I just see this equation leading to some people's first time experience with a rug pull.

Whether you use this as a long strategy, a hedge, or just as another indicator towards market sentiment - just keep your eye on it.


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