Replies to post #1081 on VelocityShares Daily Inverse VIX Short Term ETN (XIV)

[wz9ytp]

I believe markets are floating on air. 4/1 put call ratio, low volume....just many many indicators pointing down. 61.8 is a little harsh but 203 not out of the question.

I like Russell Rhoads:

http://www.cboe.com/blogs/options-hub/2017/07/22/weekend-review-of-volatility-indexes-and-etps---07-17-2017---7-21-2017

Great day!

[Sendme]

GM SD, I can't say that I follow her other than I do read some of her stuff occasionally. She doesn't seem to be the pumper type person. But if you link back, this chart has the spy possible Elliott wave in it. You may not remember, but a while back you sent me some basic info on the EW and I applied it to the spy and it is also showing around 251 if I am applying the rules correct.

The question is if we get a small pullback now before the pop to 251 or if it just jumps up there now?

I guess earnings come out soon for some major players this week, so we shall see.
Have a great day my friend.