This is a no brainier folks. The VIX follows a very consistent pattern as you can see here below. There is a small spike in volatility and then a large spike in volatility. The large spikes correspond with large corrections on the markets as you would expect. The VIX is setting up now for a large spike in volatility and therefore a correction in stocks.
The correction in stocks will start any time between now and mid April.
Below: The Barclays Bank PLC iPath S&P 500 VIX Short-Term Futures ETN (NAR) - VXX daily chart.
This chart is showing a spike off support on Friday so lets see it if has a followup on Monday
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