VIX weekly - near support - 11/7/2015

CBOE:VIX   恐慌指数
I am comparing current VIX             pattern with that during 2007-2008 period.

Note this is PURELY speculative and does not mean to predict what will happen.

Given the rounding bottom support, I suspect VIX             does not have much more room to drop and may start to vibrate within the box.

Note higher VIX             does not mean a declining market, it just means market is more volatile. I do expect market to drop but that expectation can be wrong. I will know I am wrong if the market can make a all time new high, etc.
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