VIX VXX AB=CD BEAR

210
Leg C satisfied leg AB .786
Target is BC 1.618 $17.19

Study negated if origination 36.01 exceeded.
VXX is just above a Bearish channel, anything below 23 I will add more penny puts.
Oscillation remains below 20 on a daily chart.
No one is really betting against the VIX which is odd.

Gltu!

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