Action in the VIX

Watch the VIX levels. Look for the VIX to confirm moves in the equity indexes. It's at a pivotal rally point where it will either briskly fall back down (and stocks will keep rising) or it will break out of it's current range (and stocks will fall). All of the recent rallies have quickly fallen back down...will it happen again? Here's the daily and weekly charts:Have a great weekend!

TLT