Posted by goldnice on 17th of Jul 2021 at 10:21 pm
VXX The volatility index has broken out of a textbook {Falling
Wedge} after completing a corrective 5 wave structure into the
$28.07 5th Wave low. A ton of my warning signals are flashing red
here so proceed with extreme caution and watch your position
sizing. If we breakout over $32.47 all hell is going to break loose
and the Fed will have to say they will not raise rates until
2024.
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VXX The volatility index has
Posted by goldnice on 17th of Jul 2021 at 10:21 pm
VXX The volatility index has broken out of a textbook {Falling Wedge} after completing a corrective 5 wave structure into the $28.07 5th Wave low. A ton of my warning signals are flashing red here so proceed with extreme caution and watch your position sizing. If we breakout over $32.47 all hell is going to break loose and the Fed will have to say they will not raise rates until 2024.