[UVXY 2H] Volatility Treasure Map: New Upchannel to Pot of Gold!

Ok guys, found the upchannel line from last bottom, it appears Price is sticking to this line for now. It may break under but $21 should catch and hold it. It won't go above the magenta core support line either and when it does, it means we're likely spiking up already and have a lot of upside left.

So Price just wedging between both yellow and purple and magenta right now and given the climate and the fact that Big Money has already packed their bags and went on holiday, it's almost certain this will break to the upside when it does.

Based on this and the fact that $21 held really well, even as the market climbed back rapidly, I'm thinking it's unlikely we get under $21 now.

I already started scaling in a bit for the next spike since predicted max downside is $19. Anything in the purple former TP channel, between $21 and $23, is good value here but technically anything under magenta is still a good play.

Volatility Matrix: Looking mostly Neutral here, we got small BUYs on UVXY and VIX but VXN and VVIX are still holding previous SELL signals.
The $$$ Ratio (VIX/VVX): This is actually lookin pretty bullish, holding to the top half of the Channel of Profit, lookin for a break above.
The Golden Ratio (VIX/VVIX): Still holding at May-July supports, given the lowering liquidity, this is a bullish signal as well.
VVIX/SPX: Sticking to uptrend, bullish
VIX/SPX: Holding June floor support well, getting wedged down by 6M downtrend, will break within two weeks, likely up.
*All above ideas linked below for reference*

Overall definitely long here but the next week should be pretty quiet. Will mostly have my eye on the Volatility Matrix for identifying the start of the next spike.

Happy harvests! B)