nasdaq gains mopped up and retracing

i really like sqqq for reliable intraday swings that involve a sell heavy market that is retracing to highs. the environment in this index and risk assets such as in tech make sqqq an attractive play on this timeframe where a large inverse gain from a gap down in the underlying asset has faded into consolidation in the intermediate term.

Comment:

$12.39 is long close level according to chart

Trade closed: stop reached