VXX - ES Weakening with even greater Technical Divergences
VXX coming back to lower end of Range.
We are preparing for a large Selloff in the next 48 hours.
VXX Entries are Laddered down to 24.50 from 27.05.
M1/M2/M3 VX Curve as well M3-M4 provide pressure for now...
Only for Low Participation - We anticipate a High Tomorrow at the
latest for ES.
It can hold off as late as Globex... we'll be 40% into our SELL with
the follow on SELLs into September TF 8th - 21st.
December will be our Futures SELL, SEP the Hedge.
We are preparing for a large Selloff in the next 48 hours.
VXX Entries are Laddered down to 24.50 from 27.05.
M1/M2/M3 VX Curve as well M3-M4 provide pressure for now...
Only for Low Participation - We anticipate a High Tomorrow at the
latest for ES.
It can hold off as late as Globex... we'll be 40% into our SELL with
the follow on SELLs into September TF 8th - 21st.
December will be our Futures SELL, SEP the Hedge.
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.