Sum
VIX remains below all pivots and XIV above. So basic trends of risk meters still supportive of risk assets. However, last week VIX lifted from its Q2S1 and XIV dropped from 1HR3 / Q2R1 combo, increasing the chance of a significant turn.

Students of the market and VIX in particular will be keen to see the VXN chart below.

Bonds are also testing key levels. Last week's low on TNX bang on the YP is so far the low of the year. This coincides with TLT near tag of its YP / 1HP, and AGG back testing its same combination as well. D200MAs are also in play. Generally I think safe havens trading well is bearish for stocks, but I will not rule out a stock drop on rising rates ie TLT lower. That said, financials may benefit in that environment.

Lastly, GLD is also somewhat mixed by remaining above all pivots, yet having a double top on Q2R1.

Basically - trends remain supportive for risk assets, but watching carefully next week. GLD remains in better shape that TLT for a safe haven trade, though GDX is not helping on the long side.

VIX
Q2S1 holding as support, but fast pop to JunP and Q2P combo was rejected. Edge still to larger trend which is supportive for risk.

XIV
Another high on 1HR3 / Q2R1 combo.

VXN
When time permitted I checked these frequently, but haven't in a while. As far as I am concerned this nailed the long exit / short trade, with VXH above Q2P and JunP from 6/6.

TLT
Thus far rejection of YP / D200MA area (near test for this ETF).

TNX
Holding YP exact on the low of the year so far.

AGG
Back to its YP / 1HP as well

GLD
So far double top on Q2R1, but still above all pivots.

GDX
Has not helped on the long side. Still below 1HP and fading back under Q2P as well.