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damoonmotamedi
Oct 13, 2016 8:43 PM

VXX - VXX and 20MA! 

iPath Series B S&P 500 VIX Short-Term Futures ETNArca

Description

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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