VXX is strong recently. Market is close to the all-time high from a couple weeks ago, and VXX was at 18.3 a couple weeks ago. So 2 weeks of contango later and the market back to the all-time high and VXX is actually at 18.9 instead of under 18.3???
the VXX speaks the truth, the pro's know that this market is due for a correction, and the SELL IN MAY theory is a few days away, that will keep people in the VXX, i am loading up on VXX and if the market turns it may end green today, but sticking with it through the first two weeks in May, but watch out Thurs the ECB may lower rates, that could be a problem, buy it after that announcement