http://www.chart.nu/...0&filter=34.png
The VXN has broken out above its descending wedge formation.
Here is the VXN weekly TL chart:
http://www.chart.nu/...7&filter=21.png
Here is the VXN monthly TL chart:
http://www.chart.nu/...00&filter=5.png
Here is the VXN daily chart which currently depicts its Slow STO rising above its signal line, an increasing positive MACD, and a rising RSI.
Cheers,

Bob-C