Is there a possible danger pattern that the VIX could develop?

http://www.stocktiming.net/?p=3211

Is there a possible danger pattern that the VIX could develop?

If you look at the VIX tick for the very end of March, then the April 20th. tick, and then yesterday’s tick you will see what could develop into an inverted Head & Shoulders pattern.  If that should happen (and we don’t get a closing low below 12.50) then a fully developed inverted Head & Shoulders pattern would be negative for the stock market.