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Coffee 'n' Creative Destruction: Tracking 1225 on the S&P

|Includes: UUP, iPath S&P 500 VIX Short-Term Futures ETN (VXX)
A close above 1200 and high volume trading has the bulls charging again this morning. Futures are pointing to a higher open, but I need to see the S&P hold above 1200 and Ideally break above the key 1225 level (sooner rather than later) before I'm a buyer. I love the UUP here and am considering adding to my position today. I'm still 60/40 equities vs. cash and I have a small position in VXX as a hedge.

Disclosure: VXX, UUP