UPDATE ON VOLATILITY ETF VXX $VXX
This post was just published on ZYX Buy Change Alert.
For the time being the plan is to continue to hold VXX. If S&P 500 June futures (ESM5) go over 2091, then we will have to reevaluate. As of this writing ESM5 is hovering around 2080. If ESM5 moves over 2084, behavior of market internals in the zone of 2084 to 2090 will be a tell.
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April 6, 2015