As long as VIX still stays at highs the market is not out of the woods and re-rest of lows is almost a sure thing...................
note VXX has collapsed
VXX trying to gain a foothold back above 1 min 900 right now...
IF it turns back up here shortly, could see sizable move back up for a bit.
YES, but you do know that even a 50 point SPX move up result in a VXX implosion!
I want to see a bit more buying and a ST buying exhaustion before shorting.