VXX — volatility-short
| Event date | 2026-10-08 |
| Timeframe | 5m |
| Volume vs. average | 2.0x |
| Risk Reward | +0.8 |
| Tags | lower-lows |
Summary
About the same time it reached the high of day, SPY had a doji with good volume, but it didn't go up too much on VXX, so I didn't want to short yet. Instead, I waited for it to break the uptrend to get in. I didn't like how slowly it was dropping, so I used a tight stop once it reached around 1x reward.