XIV could be setting up for a puke based on fractal
Updated
XIV could be due for a quick a violent correction if the pattern repeats itself.
Basically, the idea is that once XIV get stuck between resistance and rising moving averages, there is possibility for a puke.
Basically, the idea is that once XIV get stuck between resistance and rising moving averages, there is possibility for a puke.
Comment
Be wary of a shakeout, followed by a pukeComment
That was one hell of a puke in August 2015. Sadly, I didn't trade it.Comment
Up to 114 to test the resistance one more time, and then crash?Comment
Actually, it might not even reach 114. Adding to my short position here.Trade closed manually
Closed this position; XIV broke over resistanceComment
My monthly chart says XIV could run into high 120s
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