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VIX

iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX)

 

1. VXX is poised to break out of the kumo resistance.

2. We have a weak Tenkan sen – Kijun sen bullish cross below the kumo

3. Chikou Span has cut the price level upwards

4. While Kijun sen is flat, we can see that Tenkan sen is exhibiting a very bullish upwards movement.

5. Target timeframe by April.