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VXX (VIX ETN) showing bullish divergence for volatility comeback

iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
Auguraltrader  
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Chart Patterns Technical Indicators VIX CBOE Volatility Index VXX SPX (S&P 500 Index) snp500 SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern indicator vix vxx spx snp500 spy
Just noted that the VXX (the VIX ETN) is showing a bullish divergence in both the MACD and the VolDiv as it returns to the consolidation zone and bounces near the support.

Breaking out above 46 and then 47 should trigger another bout of volatility... question is IF 58 will be a good resistance or is it to break beyond that level the next round?
IMHO, expecting a massive breakout...

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Auguraltrader
VXX points to volatility returning quick and fast
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