I used to share the view that it's possible for the path to have at least one more VIX jump in the withdraw process from the peak. It's based on 20-year VIX historical experiences and the trend. Here's the article:
It happens! 6/5-11/2020 it's jumping from 24 to 45 - a 21-point jump. Some may invest in TVIX to have closed to double the position.
I will suggest at least one more possible VIX jump before 7/31/2020. (Will share in another post for Dow/Nasdaq/NDX/S&P to explain the logic).