If you look back at last Aug/Sept drop, on XIV there's a gap up around $42.5... It just filled the gap around $36.5.. who knows, maybe it will fill that $42.5 area gap by the end of the month... then maybe the usual Aug/Oct correction. I can dream... either way, I'm out of TVIX and UVXY and with a big loss in TVIX and a less than $100 in UVXY... so if I buy back in before Aug, I will buy into UVXY because the wash sale that would occur, won't add much to my average cost... like it would with my TVIX loss.
For a while recently, this chart was looking similar to last year this time, but the MACD is rising more now so it kind of blew that pattern recreation for now )on the weekly)
News 
Market Data 
Discover 
AI
