VXX - Heading Down to $38.23?

Hope this idea helps!
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VXX is in a confirmed uptrend but we have just received an alert by our MACD Buy/Sell Overlay Indicator warning us of a possible price drop coming. We are also taking a short position on VXX after it failed to pass through the double top resistance at $50.18. If we see a price breakout above this point we will be in a confirmed breakout but with the double top and our indicators showing a drop coming, we're expecting VXX to be headed down.

Indicators Used in this Idea:
Master Bull/Bear - Uptrend/Downtrend Confirmation
Auto Support with Resistance Lines
MACD Buy/Sell Overlay

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Ah, never mind, I "loaded new bars" and saw this was a losing trade. Unless you are still in it.
@mikejody, we aren't in this trade at the moment because the price never reached our red support line to trigger a short for us. We were going short as the idea states but we were waiting for a break in the support line which never happened. To be 100% honest, we did not see this spike coming, all TA was pointing to a downtrend coming. So hard to call them all but we certainly try our best :)
mikejody TradeIndicators
@TradeIndicators, Perfect, makes sense, I see what you're saying now, thanks Travis.
@mikejody, absolutely Mike! Have a wonderful day!
What is your trading plan assuming VXX headed down? Buying puts?
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