i think the VXX will spike to 32.82 very soon.  Its only a matter f time.  The RSI on the SPY is like 75-78, its been that wasy since last week, equitites that spike above that level on the 1 or 3 daily, have been correction downward nicely, then finding support.  Even if the market continues to melt higher this week and a few more days next week, ( which i think will happen) the VXX will still rise as investor dont wanna buy more stocks without a piece of insurance , puts or something.  The short term VXX puts more people to sleep then tylenol PM.  As the market begins to realize the first real correction of the year the VXX will pop again and spike up towards 37.  The RSI in the VXX ETN is like 29.  32 on the VXX should take the S and P 500 down a healthy 15-22%