We’ve examined some VXX (ETN VIX proxy) attributes in past posts, mostly centered on decay factors inherent in this issue. In the process of updating the PDQ Dashboard here’s a real time look at the VXX forecast as of 2 hours in today. With the VIX hitting 15.23 this morning the odds are clearly to the upside. The Cycle period is almost uniformly even at 7 and all the equity slopes of the trades are in the green…a nice confirmation. Note that the LONG signal is only 1 day old (Days In) having just fired. Results are based on a 6 month rolling lookback. Trading an average of +-40M shares a day with rich open interest and 1-2 cent spreads on the options, this is a daytrader’s playground… but this thing can move like a black mamba so focus is essential.