As a follow-up to the June 2nd Volatility Likely To Spike post, here are a few salient technical levels to watch for on the $VIX (CBOE Market Volatility Index) and the $VXN (CBOE Nasdaq Volatility Index). Note how the scenarios drawn on these volatility indices are in synchronicity (volatility trades inverse to stock prices) with the recently posted scenarios for the broad markets and key stocks such as AAPL.