VXX- BUY THE EFFING DIP (AGAIN)

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Nothing has changed in this cycle...except that drawdowns have been very steep in individual names. Doesn't mean we will see bearishness in months to come...there will be big rallies...enough to strangle shorts and dump to kill longs.

Best idea is to trade lighter and not to be greedy.

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ملاحظة

IF There is reversal candle on the chart this week, I expect volatility to shoot up. Likely above 25, 30 and 37.

١٣ فبراير ٢٠٢٢

تم فتح الصفقة

As noted, VXX did print reversal candle and 3D chart is definitely shaping for a huge upside move.

٢٤ فبراير ٢٠٢٢

تم فتح الصفقة

About to open above 3D range...30 and 36 is next

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تم فتح الصفقة

Took some time, but finally hit my target today...will need to see if there will be follow through