As noted in this article on the $VIX, I think the most probable course (you’ll see that claim made at the very end of the linked article) for it is not Armageddon, but rather, a spike that becomes muted. I think today was the spike. I drew some fine crayon work for that last article, and I will add to it today some additional crayon work, the purple channel that may be forming now.That sort of fits in with the orange imagined path I laid out before.
Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.