VXX/VIX - Looking for move above resistance today?
To early to have the latest VX data for the day. However, looking at S&P and NASDAQ outlook for today I am going to say we get a good move to the upside today above the resistance line. If so, then this could setup a new support line and may indicate that VIX is looking for a larger break out later in the week.
Note
Out of no where rally in Nasdaq throwing everything off this morning. But can it hold?Note
Back under the resistance. The market just won't quite. S&P 500 wants that ATH.
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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.