Bull May Challenge Upper T-Bands

It looks as if the bulls may challenge the upper T-Bands, success and a close above the T-Bands will create a good chart pattern that the Bulls can work with next week. We will likely close our VXX put today for a nice profit going into the weekend. Around $34.25 the VXX could start to bounce, keep in mind the VXX chart is still a bullish cart pattern.

The 80/20 rule has been a valuable rule for me over the years, 80% of stock follow the SPY/SP-500, something to think about.

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