curazguy

Divergence in the VIX products this being the VXX21 Futures

Check the daily and weekly... both to have TD 9 count about to print. The VIX chart has a possible 3 drive bottom about to complete. Appears from this chart there will be another move upwards to cause the VIX to complete. I will go long on VXX futures in the area of $14.25 - $14.70. Currently trading at $16.45

Please share your thoughts as I enjoy other eyes looking at my charts for a different perspective.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.