This is the VIX in a 3 days frequency chart, 3 years long. It is holding in the long term dinamic support, and look at the divergence in the RSI. It's scary, isn't it?
Now lets take a look to the VIX / SPY ratio. Look at the ADX in april 2007, and look at it now. Looks like it is ready to take off? Interesting divergences in the CCI.