Volatitlity spike long awaited, here until year-end?

TVC:VIX   Volatility S&P 500 Index
Volatility has been at very low levels throughout the summer
Currently exact mirror image of SP500             with a nice rounding bottom
Recently broke above key 20.50 level and formed a golden cross (positive cross-over)
Looks slightly overbought for now
Expect some breathing space today and resumption of up-trend next (election) week

STAY LONG (VIXX) if you are
I include below the weekly chart because it looks good and offers an interesting perspective

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