VXX - Back in Falling Wedge

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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

Trend Analysis Chart Patterns Technical Indicators VXX SPDR S&P 500 ETF (SPY)

trendanalysis chartpattern indicator vxx spy

Failed Breakout? Building momentum to eventually break out? Not sure but back in the wedge, combined with the resistance the S&P500 just broke (island reversal from recent times negated), it’s looking like some gaps will be filled downwards. Still looking for 23-25 for a bounce.

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