i was with you guys twice today, but the "rally" faded and i got (tight) stopped out twice. but i'm not getting any sell signals at all so one of these days i expect we start motoring and just don't stop.
Taken by itself the VIX looks like it could go to 15, but the VXN looks like it "needs" to break out soon. The only really logical way I can think of to reconcile the two is for VIX to bounce of that blue rising SR line. Otherwise it seems as though one of two things would happen. Either that huge VXN wedge would fail or the two would get badly out of synch.
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