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Downtrend Call Working As iPATH S&P 500 VIX Short-Term Futures ETN Stock Falls 32.2% (VXX)Apr 16, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for iPATH S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) on January 2nd, 2013 at $28.79. In approximately 3 months, iPATH S&P 500 VIX Short-Term Futures ETN has returned 32.15% as of today's recent price of $19.53. In the past 52 weeks, shares of iPATH S&P 500 VIX Short-Term Futures ETN have traded between a low of $18.23 and a high of $91.52 and are now at $19.57, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 2.1%. iPath S&P 500 VIX Short-Term Futures ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the S&P 500 Short-Term VIX Futures TR Index. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of iPATH S&P 500 VIX Short-Term Futures ETN. Log in and add iPATH S&P 500 VIX Short-Term Futures ETN (VXX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |