A one year daily price bar chart of VXX. Only three Buy Signals on the chart and of those only one worked out (the first shown, Sep 1, 2020). It looks to me like a fourth Buy is about to appear as early as today's close. The target would be at least $40 with always the potential to go much higher. On Tuesday a Buy was generated on the 180 minute chart, so a Buy now on the Daily chart would carry additional weight. The Sep 17th $30C is trading at $3.25, which would suggest a triple or better if this scenario plays out. VXX has been an unreliable trade, except on the downside. Knowing that, I'll still post the Buy if it is generated. If the stock indexes were to accelerate down, this could be a stellar trade. VXX Buy Pending Closer Up VXX Short-Term Buy
