Thursday, April 28, 2016

A Major Warning From Tom McClellan : 
"Can This Possibly End Well?"
Financial technical analyst Tom McClellan points out the number of shares outstanding of the VXX, the VIX tracking ETN, has soared exponentialy in recent weeks ..  "VIX futures ETF extremely popular now. Can this possibly end well?" .. Suggesting that the record number of VXX shares outstanding is an indicator that the top, at least according to this technical indicator, is now in and a sharp drop may follow.
LINK HERE to the analysis

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