VXN (NQ's VIX) 8/12/2020

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VXN at the 4 hour view.

It's been a while since I've done the VXN. It's no coincidence that when the VXN was sitting on supports, then NQ was primed for a pullback.

From where the wedge is now and where the supports are, the projected volatility jump for the VXN is around August 17-19. If this sounds familiar, it's the same projected date range for the VIX and ES' wedge breaks.

It's funny how interconnected the markets are.

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