No weekly VIX candle has ever closed outside of this (log-scale) triangle structure. By March 2024, that must change as the structure ends then. Since the yield curve is inverted, it's likely that the VIX will break out to the upside.
I'm not one to inject my 'feelings' into my trading since trading ought to be objective, but I have an ominous feeling that the VIX low this month of 17.06 could be the lowest we see for some time to come. Does anyone feel differently?