The S&P Volatility Index is Set to Spike up to over $50

Diupdate
There is a Bullish Gartley visible on the Log Scale chart that is currently giving us a Potential Double Bottom at the 0.786 PCZ with Bullish Divergence on both the RSI and MACD and if it plays out, I think it could spike all the way up to around $55 before coming back down and continuing to the historical lows.
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Bullish DivergenceBullish GartleyChart PatternsDouble BottomHarmonic PatternsTechnical IndicatorsputsspxvolatilityindexStocksVIX CBOE Volatility Indexvolatilityindex

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