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Dr_Roboto

VXX trading channel

iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
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AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Chart Patterns Wave Analysis VIX CBOE Volatility Index VVIX SPX (S&P 500 Index)
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trendanalysis chartpattern waveanalysis vix vvix spx
A look at the current VXX trading channels. Currently riding a long the support of the major channel. There looks to be a small down channel where it may do a deeper test of support. If this pattern holds, then VXX is making higher lows. Does that mean we will see a new set of higher highs?

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3pm update. Travel right down that line.
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