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Post# of 1977
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TeaCake

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TeaCake

Re: None

Thursday, 08/27/2015 12:58:05 PM

Thursday, August 27, 2015 12:58:05 PM

Post# of 1977
Either one of you two have any insight on what might be the correct view on XIV?

2014 bounced 65% before dropping again
That would would target 37.75 for this bounce.

Alternate view
2014 retraced 78% of the down move
That would target 43.72 this year.

Alternate would fit nicely with possible target of 2116 for the large degree wave....and would fit nicely with UVXY falling 68% from previous spike high.

Inquiring minds want to know! (...and me too.)
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