you may be interested to see that the VIX and market trend is negative
related by looking at the graph. I think the market will be in down trend in
the middle term because MACD HIST and Slow STO of VIX are divergent now
which means the higher chance that VIX will go higher, but this process will
be slow due to the relative high value of VIX compared to its value between
March-May. so the quick bounce back is possible. I am just a frog and
welcome any comments about it.