XIV model from Friday looking good.

Here is the back link to Friday's model on XIV.  Short term forecast was for a small move up at the open and then a reversal back down to a significant market sell off going into the afternoon.  I have to say that the bullish case for the markets is starting to look weak and choppy again.  The real question isn't whether or not the markets pull back very soon.  They have had a really good run over the last part of last week.  The real question is whether said run was the whole 2nd wave or just  of C.  We will know soon enough by the shape of the wave down that is about to unfold.