VXX - VXX and 20MA!
In almost every instance that VXX closed above 20 MA, market sold off and VXX had ~20% gain.
Success probability of the trade is really high.
Having said that, today's market price action was not in favor of this trade!
Success probability of the trade is really high.
Having said that, today's market price action was not in favor of this trade!
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