VIX breakout ? (aka SPY breakdown ?)

Observations (not recommendations):
- Market looks toppish here
- everyone in "wait and see" mode, but wait what to the upside ?
- flip-side: any negative news could trigger next hiccup.
- VIX just touched support and bounced up.

Actions:
- Bought some VXX and TAIL on short leashes (tight stops). Any tweet or news could derail this!