Channel Guy Trader: VXX channels

These VXX channels have been guiding us to future profits. We have been using them to tilt us in the direction of volatility being low, which has essentially made it easy to float higher and place easy trades. The moves are a little bit more predictable in this environment in my opinion. Potential bounce here off our middle channel, however I think they will take it to the lower channel and then volatility pick up at the beginning of January.