Today's higher open across all market averages hardly affected VXX as it has shown surprising strength. This is an hourly chart showing a recent Buy Signal (blue pyramid). It's worth keeping an eye on VXX now that the Dow has lost all of its early gains. A breakout above the parallel channel box at about 32.50 would target the mid-July high @ 37.04 (if it hasn't been targeted already). Should VXX start running I'm eyeing the Aug 20th $30C for quick double, triple or better should VXX head toward that $37.04 peak.
