VIX (Fear Ratio) Could Be Forming Bullish Pattern By: TalkMarkets March 04, 2015 at 08:54 AM EST Once the VIX broke the upside of the bullish pattern, it rallied 100% in 11 days. During this VIX rally, SPY fell just under 5%. Read More >> Related Stocks: CBOE Volatility Index SPDR S&P 500 ETF Trust