VIX futures consolidation period

Güncellendi
I think VIX futures either consolidate for a period before breaking out again or gets crushed lower so SPY can go higher.
Not
Idea shows consolidation period, but I can see price breaking 12.41 to the downside and make new lows as well.
Not
Contract swap messed up the TA, but the idea remains the same.
Not
UVIX is at lows. Will be charting using UVIX from now on. Contract Swap messed up idea.
Technical Indicators

Feragatname