The yellow arrow is shown to compare SPX with the location in the bigger picture Deja Vu Cycle.
VIX has been making higher highs since August. VIX briefly traded above October/November levels on Friday. In contrast, SPX is at much higher levels than the 1343 SPX November low.
The behaviour of the VIX is further evidence to support the Deja Vu Cycle. There was no fear in November during the gradual decline phase for SPX, but now fear is rising with SPX.
Deja Vu Cycle from 2011:
VIX popped on Friday, but then settled into the close.
More importantly, notice that VIX bottomed in August, and has been making higher highs and higher lows since that time.
VIX briefly traded above October/November levels on Friday with SPX closing almost 90 points higher than the November low for SPX.