- Published: 25 August 2016
- Written by Jenny Rebekka
The Volatility Index tells everything. In analyzes the fear and greed of investors. Throughout the history of the markets, there is always a key level or levels that when broken, trigger a higher amount of fear inside investors. Think of it like a breakpoint. There is a level on the iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) I am watching for that very trigger. It is a level that has been defended over and over again. Should this point be broken, fear will spike dramatically, thus the VXX will shoot sharply higher. The level is a daily close above $36.85. If this breaks, the VXX will pop to $38 almost immediately.
By Jenny Rebekka
The Volatility Index tells everything. In analyzes the fear and greed of investors. Throughout the history of the markets, there is always a key level or levels that when broken, trigger a higher amount of fear inside investors. Think of it like a breakpoint. There is a level on the iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) I am watching for that very trigger. It is a level that has been defended over and over again. Should this point be broken, fear will spike dramatically, thus the VXX will shoot sharply higher. The level is a daily close above $36.85. If this breaks, the VXX will pop to $38 almost immediately.