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).
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