Huge Bullish Volume DivergenceThe magnitude of this divergence is enormous. Other indictors are trending in the bullish direction We should see a nice pop for SQQQ Longby CuzinSam3
SQQQ arc pattern possibility / Short $SPYPretty flawless arc/consolidation- breakout to the upside for SQQQ & pullback on SPY?Longby UnknownUnicorn1935796113
$SQQQ Long - SHORT TECHIf Momentum Reverses in the market and we start seeing weakness in Q2 this could provide target levels for long on the $SQQQ in the following weeks/monthsLongby jerry_klaw0
PINS ARE RE-SETTING- BUCKLE UPThe bear is done with the cigarette break and is about to come back strong. I am seeing a re-start of the beginning of the correction, except with greater price magnitude. SQQQ is oversold and the MACD is about to turn up. Except an interesting next couple of weeks. This correction has several months to go. SQQQ could easily reach $50 and my most aggressive estimate is $90+ by the time correction hits bottom. Good luck! Not financial advice. Longby CuzinSam7
Watchlist 2023-03-23 $SPY $TQQQ $SQQQ $CHWY $SCSSPY - gapping up slightly to relieve some short pressure from yesterday after Yellen and Powell tanked the market. Their comments mentioned they're not expecting rate cuts this year and discussed tighter credit conditions form businesses and households. SPY rejected the key levels I mentioned including the PD high, 200 EMA at 399, and 400 key level. Then moved all the way to the support area 394 - breaking the rising trendline. Expecting Spy to bounce back to 395 area, then move lower today. For a trend day we'll need to see the $ADD pinned near +\-2000 and $VOLD ratio over +/- 3 and $TICK cumulating below 0 wicking to -900. Focusing on the market today as the market is in play and there is potential for a trend day $SQQQ, $TQQQ Other watches: $CHWY - earnings show shrinking customer count, forecast of no profit growth. Looks good if we can reject PD low at 37 for a gap n go. Then RR is at least 2-1 with support at 34. $SCS - Q4 Results Top Estimates; Issues Guidance; Shares Rise After-Hours. Clear pivot at 8.30. Up 3 ATRs on only 0.8 RVOL. If we can extend into this level, reject on vol, then slam down, looking for an extended short play. Likely won't get back to the 7.50 support since this is actually good news. Shortby UnclePennybagss0
SQQQ POO!SQQQ {inverse of QQQ} currently resisting previous resistance with bearish price action (failure to make higher high). Break of trend-line indicating the start of a new trend.Shortby CJITM4
Reversal in progressSQQQ is experienced a temporary downturn, and based on reoccurring trends, I suspect it will soon be followed by a strong reversal upwards. Good luck. Not financial advice. Trade at your own riskLongby CuzinSam4
SQQQ Stock Chart Fibonacci Analysis 0306231) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 35.2/61.80%by fibonacci61802
SQQQ Stock Chart Fibonacci Analysis 030223 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 38.8/61.80% by fibonacci61800
Ascending TrianglePrice met resistance at the top line if the triangle. It is an ascending triangle but this does not mean necessarily that it will break to the upside. This pattern remains neutral until broken. No recommendation. ProShares Trust - ProShares UltraPro Short QQQ is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services and utilities sectors. The fund employs short strategy and uses derivatives such as futures and swaps to create its portfolio. The fund invests in growth and value stocks of diversified market cap companies. The fund seeks to track -3x the daily performance of the Nasdaq-100 Index. ProShares Trust - ProShares UltraPro Short QQQ was formed on February 9, 2010 and is domiciled in the United States. The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index®. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified. Benchmark: NASDAQ 100 TR USDby lauralea225
August Cycle RepeatsI am just shocked how identical these cycles repeat. Market manipulation or human nature? It is what it is...prepare for liftoffLongby CuzinSam227
Comparison to 2018I don't have the pro version to show side by side, but the 2018 correction (on a 2HR timeline) scales remarkably similar to the current correction (on a daily timeline). Both 2018 and current show a triple bottom formed before making the HUGE upswing to close out the correction. Even the dates of these price actions proportionally correspond between the two corrections. I suspect SQQQ will breakout in the next two months. Good luck. (not financial advice) Longby CuzinSam117
SQQQ on Bullish Signal Uptrend - Potential Recession is Coming SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as stop loss position which approximately 8.03% of risk. This would possibly on strong upward trend while potentially NASDAQ would be on bearish trend. Most likely " Recession is Coming" ... On the other hand, take a look on another chart regarding QQQ ETF which tracking on NASDAQ-100 Index: Based on my humble analysis, we can see NASDAQ-100 index had formed "Head and Shoulders" pattern. Yesterday the chart just on the breakout support level position with high selling volume of transactions. This mean it is high possibility that NASDAQ might go into "free fall". Thus, might be a good opportunity to trade SQQQ with manageable risk now (if practice stop loss of 8% from yesterday closing price - 50.24 USD) “Past performance does not guarantee future performance. This is for just my personal opinion but not trading advise.” Longby samleecompUpdated 5513
Swing Long SQQQ roth 33.25Look daily stoch on bottom ready turn up look vol getting less also QQQ tired and earnings stink just give it time guys i went in small laod up some point. Tech hates higher rates Longby john12Updated 111115
Almost bottomed out Of course this is all about interest rates, and money printing inflation activity. But it looks like the market is preparing to price in higher interest rates announced mar 22 or so. If it breaks that channel I drew it has a possibility to run up for 20-30 daysLongby yarowtea2
You be the judgeCan it be any clearer? SQQQ is going UP Prediction- by Summer (May to June) Conservative: $55-60 Moderate: $60-70 Aggressive: $75 + Not financial advise- trade at your own risk Longby CuzinSam114
SQQQ Stock Chart Fibonacci Analysis 021623Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 34.5/61.80%by fibonacci6180113
Charting the SQQQ with the fib speed fanCharting the SQQQ with the fib speed fan. Currently the SQQQ is in a general sell mode for me.Shortby Fr33zerPop1
SQQQ waiting for good entryHey, guys ✌️ Let's take a peek at SQQQ. Well first thing we notice here that although we are on the lower side of that sideways movement we also have drifter far away form Moving Averages which means there is a a good chance for a turnover to happen. Will be monitoring this one for some time If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.Longby SwallowPremium151518
Triple bottom formedMy first publication: Monthly shows bear trend has a while to go Volatility is growing SQQQ is oversold Triple bottom appears to have formed and the bottoms are spaced apart over nearly a year timeframe, which may set up a huge uptrend Longby CuzinSam449
SQQQ Simple Chart AnalysisSQQQ - Rst 40.17 Supp 33.2 Vice versa of TQQQ, current chart looks supported here. So if Nasdaq retrace, this will rise. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XXby FFCloud3
SQQQ | A Great Hedge | BounceThe fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.Longby DivergenceSeeker1111