This is a 15 minute chart of UVXY, currently on a Buy from Thursday morning @ $13.10. A drop below $16.50 would take it to Sell-Pending, otherwise the uptrend remains strong. The UVXY Hourly chart below is equally strong, suggesting a retest of $22 on the horizon, and allows for a drop to about $15 before the trend is threatened. This is the chart that will guide any new positions/strikes for March expiration. Finally, an hourly VXX chart that confirms the upturn in volatility. With a big expiration day on Friday the real action may be closer to the end of this week than the beginning. VXX Hourly
