vix spike losing steam

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everybody was ready for a spike in vix, and now that we got it UVXY looks like it might turn SSS signal red as it has fallen below sinking TRAMA hourly. horizontals mark out short, long and pivot and ive drawn a couple scenarios. i only long UVXY when qqe and sss are green.
Nota
there is some bounce at $10, and this is how i think it may play out bearishly
snapshot
Chart PatternsdaytradingetfsindextradingTechnical IndicatorsleverageTrend AnalysisVIX CBOE Volatility Index

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