VIX - descending wedge

A descending wedge is in progress on VIX going into next week 's Gann Cycle Date July 13 (2x21 days) - July 16th (45 days).   OPEX is july 20th, and that day is also square of 7, or 49 days from the low on July 1.  Day before OPEX is also 34 trading days from the low.

I'll buy VIX when we bounce off 15 or 14 support swing prices and when SPX reaches 1392 -1405 range.  Swing short from there.

It's possible based on EW that smart money pumps this back to 1392 - 1405 area on W5 of C of 2 before slamming this down hard per Chaikin Oscillator on HYG chart below.  It has been the highest in 4 years.

I'm still expecting some type of chop in early part of the week on W4.