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damoonmotamedi

VXX - VXX and 20MA!

iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
damoonmotamedi  
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX VIX CBOE Volatility Index XIV SPDR S&P 500 ETF (SPY)
4
0
vxx vix xiv spy
In almost every instance that VXX closed above 20 MA, market sold off and VXX had ~20% gain.
Success probability of the trade is really high.
Having said that, today's market price action was not in favor of this trade!

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