XIV, again

In case you haven't gotten the point I am very keenly watching VIX and XIV for a trade and in fact already partially positioned in a rare UVXY position. 

XIV is sitting on YR3 at 95.23. This could be the turn of the year.

The VIX short trade is hugely crowded.

As it turns out the July close on XIV was 94.37. This means there is a hugely significant zone between 95.23-37 that combines YR3 and the monthly close high. Anything below this is very vulnerable. 

Interactive brokers hiked margins for VIX futures and this could be the spark for a XIV selloff on Monday. I'm ready to add.