VIX of today vrs 2007 Here were the swings of the VIX in 2007 heading into the crash.
The low was made in Jan of 2007 and the first rally in the VIX went to around 37.
It then pulled all the way back to 15.
Then it went to 80 which was a 220 extension of the pullback.
We currently have a VIX rally off the low to around the same level and have pulled back and are hovering close to the same level the VIX made a low. If we were to have the upswing, this would also be a 220 extension of the pullback to generate a level around the same as the VIX made a high during the crash.
This is a pretty interesting set of matching points. The point in the move this would imply we are would agree with this forecast of a bat move, with us currently being in a spot analogous to the start of the last run into the high of 2007.