VXX Update

Yesterday VXX looked exceptionally strong on the 3C charts, see this post from last night with VXX near the bottom.

Today, they've lost some ground.

 VXX 1 min negative divergence

 VXX 2 min negative divergence and note the distribution picking up on the 3C depth chart from an area of accumulation.

VXX 10 min is still leading positive and today is still in line, but we have a start on the short term charts, if they strengthen with distribution it will make its way to the longer charts such as this 10 min.

Thus far today the market is acting a lot like I suspected it would.