Don't Ignore This Chart!

Volatility Surges as Vix ETN Moves Higher


After a sharp move lower from late November to early February, the S&P 500 VIX ETN (VXX) bounced the last seven days with its biggest move since November. Volume also surged. It appears that traders are taking out a little insurance with the stock market so overbought.

120215vxxClick this chart for a live image.

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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