Here is how far VIX can jump if a mini crash occurs

Some people believe all this growth is too good to be true, though, and that the market is overvalued. That means a market correction could be on the horizon to bring prices back down.

The truth is that nobody can predict exactly when a downturn will occur, how severe it will be, or how long it will last. The closest method that can predict it quit precisely or that I'm aware of is Elliot Wave. That said, if you're concerned about an upcoming market crash, there is one things to keep in mind. Gold stocks are so damn cheap why not add some of them in your portfolio?

This is not a financial advise
Trade Responsibly
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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