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Dr_Roboto

First time SQQQ above linear regression channel since Nov 10th

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)  
Dr_Roboto Updated   
NASDAQ:SQQQ   ProShares UltraPro Short QQQ
Trend Analysis Chart Patterns QQQ SQQQ TQQQ NASDAQ 100 CFD SPX (S&P 500 Index)
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trendanalysis chartpattern qqq sqqq tqqq ndx spx
Just an interesting observation. SQQQ has been in a very tight linear regression channel sine November. Today was the first time that it made a clear close above this channel. Could just be a good opportunity to buy NDX or it could be a more bearish sign for the NDX.
Comment:
Here is what it looks like on TQQQ
snapshot
Comment:
NDX
snapshot
Comment:
8% bounce this morning
snapshot

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