XIV - Renko

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Upon further review, I just noticed that XIV has broken the trend of a Renko chart based on 1-month ATR CLOSE. Thus, if it prices at or below ~39 at month-close, it will have officially broken the trend for the first time since the 2011 Euro scare. Whether it breaks or not, it is already near a decent nibbling area of ~32 based on this chart's Renko history.