VXX update - Kissing Cousins?

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX)

BATS:VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

The previous dip (blue circle) looking a lot like this one. Bounced off support 2nd time the charm. Possible new TL. And one thing for sure, when Bollinger band tightens, we have a change, but what is that change? If VXX goes up, markets coming down. Use VXX as an indicator, or a play, either way it is meaningful. Does Greece really matter? Has oil really bottomed? Ukraine peace? Talk of earlier rate hikes by FED voters. One, all, or none of the above, or if these are already baked in, could be something new? I repeat, Bollinger tightening.

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