Below, the Weekly Trend Model:
Noteworthy is the pending LONG signal, the first new signal in over one year. Despite the oversold markets and conversely overbought VXX, as shown on the above Weekly chart, VXX has a lot of room to run.
A
Friday, May 7, 2010
VXX - Weekly LONG Pending
On Wednesday I posted the VXX Daily Trend Model chart; here is an updated view:
Below, the Weekly Trend Model:
Noteworthy is the pending LONG signal, the first new signal in over one year. Despite the oversold markets and conversely overbought VXX, as shown on the above Weekly chart, VXX has a lot of room to run.
A
Below, the Weekly Trend Model:
Noteworthy is the pending LONG signal, the first new signal in over one year. Despite the oversold markets and conversely overbought VXX, as shown on the above Weekly chart, VXX has a lot of room to run.
A
