@alipipefitter, Thank You. I'm now thinking that the best strategy is to short the VXX spikes unleveraged and any TA on this instrument is just a psychology experiment. This is one wild beast not accepting domestication imho.
@IllusionsCatcher, They say its the perfect trade. It's just a human made instrument. It's aritificial and manipulated. It won't be around forever, and when its gone and all the academia start analysing it in hindsight, they will probably wonder why everybody didn't short it. You could make a living simply shorting UVXY upticks. Like when it hit 29 the other day. Occums Razor