Friday, October 28, 2011

Where's the VIX (and theipath SP 500 VIX Short Term Futures ETN) Going? VXX; VIX

A follow-up to yesterday's "VIX Plunges to Early-August Low (But VXX still Hasn't Filled the Gap) VIX; VXX"

From Alpha Global Investors:

ipath SP 500 VIX Short Term Futures ETN (VXX) ;
Perfect break down, (after a clear head and shoulder neckline break down)
What's missing ? VOLUME !!!!
Still lots of bears out there
Also at Alpha:
30 year bond, quick reminder for Bill Gross