The market price action is leading me to believe the market is pricing in the prospect of QE by both US and Europe.
So, anything less will be a correction :)
Which brings me to the VXX again. I have observed VXX seem to have reached a bottom as yesterday was a positive session but VXX went up instead.
Just my guess.. so as long as the QE do not materialised, it's time to put on VXX.
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