VXN Negative Gap Puts Support In Play

Research preview

Index Opening Gap VXN Trading Desk Read VXN (CBOE NASDAQ 100 Volatility) opened with a measurable gap of -2.38%. The first read is whether that gap becomes accepted by intraday price action or fades back toward the prior close. VXN is near 25.21, with the session open at 24.18, previous close near 24.77, and the active daily change at 1.78%. A stronger investor-grade setup needs the M15 chart to agree with the daily structure, while the weekly chart defines whether the move is only a session adjustment or a broader allocation signal. Event type Opening gap Current model Sell Previous model Neutral Last 25.21 Open 24.18 Previous close 24.77 Opening...