Market completely, udderly collapses, and VIX up... 0.16%?!

Something is wrong, very wrong. Total route on Wall Street today and the VIX is up 0.16%? Somebody is playing games. Stock market is getting KILLED, VIX should be at like 45 minimum now, hell, it should probably be closer to 60. Its insane how bad it is out there...

 

SPX (blue) vs 1/VIX (Green)
Not getting the memo.

 

https://www.elitetrader.com/et/thre...r-some-crazy-stuff.369826/page-2#post-5681927

 

Sekiyo, what are those blue, green and red in your chart? Thanks.

 

Forget about the moving average.
It's just the VIX (inverted) and the SPX

 

So the answers he got three weeks ago weren't right? Or did he forget?

 

What I would like to know is this: When the SPX was down ~25% from its high, as it is now, in 2008 what was the VIX then? I bet it was higher than the very low 30s...

 

/me waits for the blowup

 

A measure that I use that accounts for movement of (open to high) and (open to low) / MedianPrice as a percentage shows at the market close:

ES -0.97%
NQ -1.36%

VIX +1.06%

About what it "should" be.

 

About the same mid 30’s