Not enough volume for a blowoff top. Plus, there's no reason to sell until we get a datapoint that signals QE may be ending or there's a black swan event. I think the market will continue to go up around 1% per week until then. At some point VIX is going to break 12.46 support and go to alltime lows under 11. That may the time to buy VXX. Until then, it's a short, although you can scalp on the long side for a few pennies.