VXX / UVXY

I get a lot of emails about VXX and UVXY, I'm not a huge fan of either for the simple reason that they tend to be difficult to get decent signals from and they are very volatile.

I do kind of like what I'm seeing in VXX / UVXY and if the market analysis is correct, then both should move. Note UVXY is the Ultra VIX short term and VXX is the short term VIX, both move inversely to the market.

Also keep in mind, the current market analysis is for a pullback in the market and then the sub-intermediate uptrend to continue, being both of these trade the mirror opposite of the market, it's a rather short term trade, so being able to watch the trade and execute positions quickly is necessary.

 VXX 1 min looking pretty good in to the afternoon pullback with a new leading positive high.

 A closer view of the same chart.

 VXX 3 min in leading positive position after having put in a relative positive divergence (this is often the order of divergences).

 Even the 15 min has seen some strong movement to the upside today as this timeframe takes longer to move.

 UVXY's 2 min trend in leading positive position on the move down.

UVXY's 15 min chart also seeing a lot of movement today.