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XIV could be setting up for a puke based on fractal

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XIV could be due for a quick a violent correction if the pattern repeats itself.
Basically, the idea is that once XIV get stuck between resistance and rising moving averages, there is possibility for a puke.
Nota
Be wary of a shakeout, followed by a puke
syot kilat
Nota
That was one hell of a puke in August 2015. Sadly, I didn't trade it.
syot kilat
Nota
Up to 114 to test the resistance one more time, and then crash?

syot kilat
Nota
Actually, it might not even reach 114. Adding to my short position here.
syot kilat
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Closed this position; XIV broke over resistance
syot kilat
Nota
My monthly chart says XIV could run into high 120s
syot kilat

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