Spot to buy some protection?

Long

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 Beyond Technical Analysis Wave Analysis VIX CBOE Volatility Index VXX fear protection Inverse Head and Shoulders

trendanalysis beyondta waveanalysis vix vxx fear protection inverseheadandshoulders

VXX , derivative on

VIX index suggests that we are in good spot to buy some protection. Market participants are very optimistic in recent days, but coronavirus risks still unresolved. In fact, data from China continues to be rather worrying. If we to start another leg lower in equities, today is a good day for it.

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