VIX - Second Contract - A buy here?

CBOE:VI2!   S&P 500 VIX
134 1 2
The 21d ema seems to be important.

Just back on 21d ema which aslo happens to coincide with the previous tops of 2013 and 2014.

Note: on the 6th of October 2014, there was a large pull back to the 21d ema which looks like a possible propulsion. 10days later, SPX             was in ultra intense posture close to 1800.

Convesely: breaking below 17 and even more below 15.50 would be very bullish .
love your stuff, thanks. Vix closing below 17, any thoughts? NYMO only at 4, has more upside? Lastly, this kind of upside vol reminds me of the heart of a bear market. . . secular top in?
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