TVIX/VXX signaling a looming spike coming

Updated
VXX
NASDAQ:TVIX

I'll be buying the VXX for cost basis but both are signaling that markets are possibly going to tumble big in the very near future.
target for VXX is $42 and TVIX is 230
Comment
VXX is spiking disappointing/inadequate info from Moderna. Will this thing spike big over the next few days?
Comment
VXX hit it's $42 target in June 11. Took a while
Trade closed: target reached
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