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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (18656)1/30/2017 11:06:11 AM
From: The Ox  Read Replies (1) of 33421
 
Looks like VXX volume in the first couple of hours today was higher than it has been since the morning after the election, fwiw. Going from zero fear whatsoever into near panic buying of volatility....hmmmm. RSI was screaming oversold on Friday....but it can stay that way for a lot longer than most anticipate. I put this index on my reversal watch a couple of days ago.

Here's how it looks on the daily:

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