etfmsolutions: VXX signal still long....11.06.18

Tuesday, November 6, 2018

VXX signal still long....11.06.18

The VIXEN is still long the VXX and it really all hinges on the election results so best to hedge our bets and just stand aside on this one as the technicals embedded in the signal are essentially meaningless for tomorrow.
As mentioned yesterday the TrendX is not supportive of the current signal and old time VIXEN watchers know that means trade small or not at all.

Commentary and Updates

Mosaic Solutions commentary is typically published daily as time permits and market action warrants.
Posts feature Mosaic model updates including delta neutral stops, VIXEN directional trades and PONZO forecasts.

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TRENDX is a proprietary Mosaic market signal that blends volume, RSI, momentum and rate of change.

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