Yesterday I put up a blog showing what the S&P 500 did over different time periods after a streak where VIX was over 20.00 came to an end. I got a request to show what VIX did as well, so the numbers show up in the table below.
Instead of showing percent changes I show point changes. There appears to be a little more green on this table that there was red on the S&P 500 table. It could be that VIX stays a bit elevated after these streaks.