Overlapping up/down but overall market is headed up for now. VXX has lower targets (20.67), once hit, then likely off to new highs in VXX as the overall market declines short-term from there ('E' ? or higher). Potential for VXX to close higher gaps is real before hitting the final low.
The controlling structure may be a medium degree wave 4 up about to complete after this leg bounces back up to a new high on ES and on *SVXY- See related post
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