Hawaii Trading pointed out these fractals last Wednesday, and predicted a whippy ramp followed by a sharp drop. How true that became! Below the chart is the link to the original chart.
That lower orange line is like a multiyear line in the sand. It images better than Vix alone.
Funny the VOS appears to be an amazing indicator, and yet have never had a single comment on it. I guess people don't like Steroids?
Earlier post on VOS
http://oahutrading.blogspot.com/2011/06/vos-is-very-consistent.html