iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[risk on]

I agree on the reversal part, and I didn't want to say the levels you did, for fear of going into the " kook" category. I don't know if it will happen THAT fast, but I will say there is unfinished business in the upper reaches in the form of gaps , and VXX had left NO GAP UNFILLED in over a year, cept for the ones I'm referring to. We have all seen just how much the exponential gains can be here when fear is in fashion, and as the chart tells, it's been a while in the making, but we may be starting that cyclical fear phase again.