Remember when the market was hitting the lows and traders were afraid? (VXXB was high)
We wondered "Could this really be" as a Bat Pattern potential.
We identified the the possible VXXB Bat pattern at that time. Then as the little parabolic curve was forming, we patiently waited for the VXXB to snap .
and... Very nice!
Then the "looks Heavy" comment just before last weeks market rally.
Again, .... very nice.
The "could this really be" Bat Pattern potential, has completed.
Very nice!
Now where?
Lets see if we get a VXXB bounce here now (market pulls back)
That will help us set up the next pattern
We wondered "Could this really be" as a Bat Pattern potential.
We identified the the possible VXXB Bat pattern at that time. Then as the little parabolic curve was forming, we patiently waited for the VXXB to snap .
and... Very nice!
Then the "looks Heavy" comment just before last weeks market rally.
Again, .... very nice.
The "could this really be" Bat Pattern potential, has completed.
Very nice!
Now where?
Lets see if we get a VXXB bounce here now (market pulls back)
That will help us set up the next pattern