Market Volatility Index (VIX)

The volatility index shows the state of nervousness of the market. When it goes up, the market goes down and when it goes down the market goes up.
Let's look at the chart:
1) Index has now clearly dropped below the 200 day moving average (see yellow tag on the chart). This moving average (the blue line) is a proxy for the long-term direction of a market.
2) Does this mean that the bear market is over and that a bull market has now started?
3) Let's see if next week the VIX tries to retest the 200 day moving average. If at the end of the week, it is still below this average, I expect this market rally to continue.