I believe we’re nearing the bottom of the correction. When $VIX makes a significant decline on low volume, it indicates that selling pressure is dying. Happened every single correction in the bull market to-date, all of which corrected between 10% to 15%, which is the exact range this correction is at. Unless we devolve into a full-blown recession (which I think is unlikely given declining inflation, rate cut expectations, etc.), there is likely at most one more leg down with major assets/indices retesting 200DMA. After which, the recovery will likely be quick and violent, giving few people the chance to react in time as usual.