VIX is almost @ the MAJOR SUPPORT level we have spoken about many times.

IF this 12 area is broken it has a history of going as low as 10.
Sub 10 = R A R E!

Pulling back to this area after a high VIX, then normalizing to a low #VIX, it has signified a GOOD SPX RUN.

After some time, shortest span was 2 years, the VIX eventually trades higher & #stocks have an eventual crash.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)SPXLSPXSSPDR S&P 500 ETF (SPY) StocksTrend AnalysisVIX CBOE Volatility Index
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