Updated chart since last one was sent out. Looks like the Blue butterfly is completed and the 61.8% (pink) Bat pattern may begin to pivot here soon. This could be the wave 2.
Lets see if the VXX begins to hold in this retracement green zone as shown.
If the VXX begins to hold and then turn up, we should see the SPY begin to sell off soon, beginning wave 3
I am long VXX and short SPY
Lets see if the VXX begins to hold in this retracement green zone as shown.
If the VXX begins to hold and then turn up, we should see the SPY begin to sell off soon, beginning wave 3
I am long VXX and short SPY
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