RSI is at 81.33 right now on stockcharts.com, definitely frothy...and stochastics fast and slow are both in and around 88, also frothy.  Techically RVX is overbought...but we're still looking at a big jump today from yesterday's $3.23...

We'll see what how the day plays out and then the rest of the week.  When the news hit this morning before the bell I honestly thought...'oh oh, I guess its time for a pullback', and instead we hit a new 5 year high on the TSX.