VXX Long opportunity

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iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)

AMEX:VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

trendanalysis harmonicpatterns waveanalysis

This pair moves inverse to the US Stock market.

1. Hit a daily support level
2. 78.6 Fibonnaci retracement
3. S&P 500 is almost at it's D Extension.

This has the potential to make a nice move to the 1.18 D Extension.

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