SPX Weekly Trend Model
But my favorite chart today is of the VXX_Daily Trend Model:
VXX Daily Trend Model
VXX traded above 35 in late May. At those VXX highs, SPX was trading at about 1050. That suggests that a 5% decline in the SPX could generate about a 50% advance in VXX.
My very short term VXX Trend Models are SHORT. When they reverse LONG, the trade begins.