XIV - 3hr
I would love a retrace to take another long on XIV (short volatility). Price has continued higher than the 61.8% extension where I'd expected i of 3 to top. This despite S&P trading sideways. My price targets for wave 3 may actually be too low as wave 1 stretched beyond my initial targets (note 376.4% extension reached vs 200-261.8% expected).
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.