We’ve seen a couple of consecutive ugly drops… Breaking below the 50 day moving average.
Friday is down at the open… And I suspect that we’ll get a nice big drop coming off the long weekend.
Important: This does NOT mean sell all your stocks.
All in all, I think this will set up a nice buying opportunity for investors…
But in the meantime, it’s going to be some rough sledding.
Which is why I’m telling my best students to focus on this strategy which has made sizable winners when volatility spikes.
You see, many traders don’t really know about ticker VXX.
But one Wall Street institution artificially manufactured this ticker to make incredible swings up, and then back down - over and over again like a repeating cycle.
I call it the Round Trip Trade - and quite frankly, I’ve never seen anything else like it.
When the markets are dull, this really isn’t the most exciting strategy ever…
But in times like these…
When we’ve seen the S&P 500 whipsaw up and down and all over the place…
The VXX becomes a trader’s treasure chest.
When things get shaky, I’ve seen the VXX make abnormally large moves like…
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