Frank Cappelleri says markets stuck in range as oil rises and VIX climbs

OPEN HIGHER. LET'S DIG INTO THE RECENT ACTION THAT WE'VE SEEN ACROSS DIFFERENT ASSET CLASSES. FRANK CAPILLARY, FOUNDER AND PRESIDENT OF CAP THESIS, ALSO A CNBC CONTRIBUTOR HERE ON SET IN FRONT OF THE TELESTRATOR.AND YOU ARE ARMED WITH CHARTS WHICH I LOVE AND I THINK WE GOT I THINK WE GOT TO START CLASSIC HERE AND GO WITH ESP AND WHAT WE HAVE SEEN, WE JUST TALKED ABOUT WITH RYAN DIETRICH, THE FACT, THE FACT THAT OVER THE LAST THREE MONTHS WE'VE BASICALLY BEEN RANGE BOUND. BUT WHAT ARE YOU WATCHING. >> WELL, ...