Otherwise we're retracting again...
RVI and V.I. (+) are in the sweet spot for a breakout!
V.I. (-) is too close to 1 and not giving any signs of a full recess.
Speculation: We've tested this blue region for too long as is, while gains have been made, there is approx 30%+ tied up in the long haul from the last dip to be capitlized on.