VIX likely has already started to triangulate. The triangle appears to be the setup for an aggressive spike higher in VIX as shown in the symmetry to either side of the cycle line.
The yellow triangle apex marked the timing of the top peak 4 for VIX. Once the blue triangle boundaries fill in further, and are thus better defined, then the blue triangle apex will provide a more precise estimate for the next VIX peak. On this chart the blue triangle apex is approximately April 15th. I had previously estimated that SPX may bottom roughly April 15th. I used another cycle to calculate that date, and the VIX triangle apex is further supporting that timing estimate.