The VIX does not tell you where the market is going...
Here are 2 things people believe about the VIX, worth putting down.
That it's a fear gauge, and that it predicts direction. It does neither. It measures the movement the market expects over thirty days regardless of direction.
A high VIX says expect a big move. No opinion which way.
Often the bigger moves happen on the way up after VIX has already spiked.