I'm preparing for the pull back in the markets! Added to my VXXiPath Series B S&P 500 VIX Short-Term Futures ETNBATS:VXXJuvenalGomezVXX The reason why i added in a technical biases is because we are at support of the falling wedge pattern and we kissed double bottom. Markets have just been grinding higher but not so drastically lately like before. In the video i go into more details as what this EFT tracks. In lames term basically its a hedge play in the markets. If you think were going to have a correction you buy it. There is signs of a reversal in the markets thus our thesis on our other videos. Also what's interesting like i said before in our previous update there is signs of buying VXX. Ask your selves this: Why are entities buying the VXX if the markets are supposed to keep going higher? That's not what you want to see if your a bull in this market. Players are hedging. Stay safe out there and just be aware!