There is an 81% inflation showing at the close on 3/30 in a critical volatility parameter that most often is produced at a smaller pullback top especially when it reaches 83%. It may require strength ('str' on chart) to go higher in order to fully engage that trigger. That scenario might fit with a lower VXX price zone just below keeping in mind that VXX can lead / lag the ES futures moves.
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Wednesday, March 31, 2021
Four Day Strength Ticks Up To 62% Bullish But There's A Caveat
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