svxy

http://stockcharts.com/h-sc/ui?s=SVXY&p=D&yr=0&mn=11&dy=0&id=p20127801223&a=376418756&listNum=1

IF this market tops at 2140 per the SPX chart I am following. SVXY should be hitting the top blue trend line. THEN, volatility should be heating up…UVXY or VXX will become a lucrative trade for those so inclined. Or just use this as an secondary/complimentary indicator, for an entry to go short via SPXU, TZA, etc.

Next Wednesday is FED Day…Wonder if Yellen will upset the markets?