VXX’s Short-Term 3C Change in Character

With a ground invasion of Iran looking more and more likely; WTI up +4.5% to $94.35/bbl (above $92 local resistance), U.S. Treasury 2 and 10-yr yields up ~8 to 9 bps, while mega caps are breaking down from the H&S top, VXX’s 3C chart is slowly coming more into alignment with UVXY’s short-term leading positive…