Hottest ETF on the Planet about to Go Cold?

March 21st, 2013

by Chris Kimble

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


Is one of the "Hottest ETFs" on the planet creating a "Head & Shoulders" topping pattern?

The chart below was the quiz from 3 days ago. This chart reflects a potential "Head & Shoulders" topping pattern at the top of a rising channel as well as another resistance line at (1). See quiz opportunity post of March 18th here.

Since June of last year, this ETF is up 120% MORE than the S&P 500, reflected in the chart below.

Could this inverse VIX ETF be sending a signal that the markets are at a critical top? If this pattern is correct, XIV could fall a large percentage and VIX could see a strong rally. Stay tuned!



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