This is the VXX (ETF for VIX Futures) at the 4 hour view. The green line acted as support back in February when the crash happened. The top two candles then formed a resistance line ever since. I have the end of this triangle in the middle of next week. This battle isn't over yet. If the wedge breaks to the upside, then volatility may be back in the market.
As soon as I connected these dots, I saw a correlation of why Credit Suisse decided to delist TVIX. If this breaks to the upside, Credit Suisse would be paying so much money for TVIX...
As soon as I connected these dots, I saw a correlation of why Credit Suisse decided to delist TVIX. If this breaks to the upside, Credit Suisse would be paying so much money for TVIX...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.