A pullback to the orange channel with a more gradual slope is likely to occur next.
Daily Chart
Saturday, March 18, 2017
XIV - Pullback Due - Short Term Targets
XIV has reached it's short term target, and a pullback is due. XIV has been trading in the white channel, but the slope is too steep, and appears unsustainable.
A pullback to the orange channel with a more gradual slope is likely to occur next.
Daily Chart
A pullback to the orange channel with a more gradual slope is likely to occur next.
Daily Chart
Friday, March 3, 2017
XIV - Upside Going Parabolic!
The movement in volatility is unprecedented. XIV has broken above channel resistance, and is configuring into a parabolic melt up.
Complacency is going parabolic which ultimately is extremely bearish for the S&P 500. In fact, it confirms a major topping process is underway for the S&P 500.
3day Chart
Parabolic XIV 2017 Model:
Complacency is going parabolic which ultimately is extremely bearish for the S&P 500. In fact, it confirms a major topping process is underway for the S&P 500.
3day Chart
Parabolic XIV 2017 Model:
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