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XIV – Upside Going Parabolic!

Friday, March 3, 2017 12:32
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The movement in volatility is unprecedented.  XIV has broken above channel resistance, and is configuring into a parabolic melt up. 

Complacency is going parabolic which ultimately is extremely bearish for the S&P 500.  In fact, it confirms a major topping process is underway for the S&P 500. 
3day Chart


Parabolic XIV 2017 Model:



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