VXX Update

 Look at the depth of distribution on the VXX (trades inversely to the market) 1 min

 2 min

 5 min

Again, I'd like to see this 15 min chart lead negative before entering any long positions.

To be clear, I do not see this as a long move up, unless this divergence continues to build for many more days, I see this as one of probably a couple of head fakes on that bear flag.

So I am not viewing/considering this as a long term trade as of what we see right now.