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Downtrend Call Working As iPATH S&P 500 VIX Short-Term Futures ETN Stock Falls 19.0% (VXX)Jan 30, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for iPATH S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) on January 2nd, 2013 at $28.79. In approximately 4 weeks, iPATH S&P 500 VIX Short-Term Futures ETN has returned 19.03% as of today's recent price of $23.31. Over the past year, iPATH S&P 500 VIX Short-Term Futures ETN has traded in a range of $22.45 to $117.84 and is now at $23.31, 4% above that low. The 200-day and 50-day moving averages have moved 1.72% lower and 2.45% lower over the past week, respectively. iPath S&P 500 VIX Short-Term Futures ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the S&P 500 Short-Term VIX Futures TR Index. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of iPATH S&P 500 VIX Short-Term Futures ETN. Log in and add iPATH S&P 500 VIX Short-Term Futures ETN (VXX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |