We have to wait for VIX to go higher before most shares will recover. I think VIX can reach 37-38% and that is the time we focus on BUYING shares again. Some exceptions of course that are ok to buy now before VIX returns.
Coming days I suspect we will see further share market declines (general condition).
@ShortSeller76, yes it does help a lot, but as said... if one particular share seems good BUY opportunity.. regardless of VIX it may work very well.. the VIX is the general state of the market so the speak...tc