I don't think VIX is coming back to new lows, and soon we will see the real market crash which will push VIX to 150 or above.
I am convinced that three things will happen together (nearly tick-for-tick on the chart): - the crash in Treasuries - the crash in Stocks - the biggest short squeeze in DXY in history.
Watch TLT drop to 70..80, SPX break below 1800, GBP fall to 1.10 in the final w5 of an ending wedge and EURGBP crash to 0.78 at the same time.
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