SQQQ Meaningful Break of Support Buy Signal Close Above 11.90
Daily SQQQ "Line Break" Chart shows a meaningful break
of important pattern support of the August 2018 Low of 11.08 Close.
SQQQ chart pattern is now in "break down fall away" mode,
underneath bullish trend line support, and currently bearish in interpretation.
Nasdaq 100 has shown the highest reletive strength , of all indices,
as the tech heavy Nasdaq 100 stocks have rallied back strongly in 2019.
If one is looking for a Buy Signal in SQQQ,..Wait..
until price closes above the 3/8/19 Line/Break"High of 11.90.
Should it occur, it would confirm a "false breakdown" basing pattern in SQQQ,
and would be extremely bullish reversal for SQQQ, with a close above 11.90
This analysis was requested" by an extremely gifted, bright, and very "lethal" trader
Lucy F 2492, here on tradingview.com
SQQQ Last 10.34
THE_UNWIND
3/19/19 St. Joseph's Day
Mountains/New York
of important pattern support of the August 2018 Low of 11.08 Close.
SQQQ chart pattern is now in "break down fall away" mode,
underneath bullish trend line support, and currently bearish in interpretation.
Nasdaq 100 has shown the highest reletive strength , of all indices,
as the tech heavy Nasdaq 100 stocks have rallied back strongly in 2019.
If one is looking for a Buy Signal in SQQQ,..Wait..
until price closes above the 3/8/19 Line/Break"High of 11.90.
Should it occur, it would confirm a "false breakdown" basing pattern in SQQQ,
and would be extremely bullish reversal for SQQQ, with a close above 11.90
This analysis was requested" by an extremely gifted, bright, and very "lethal" trader
Lucy F 2492, here on tradingview.com
SQQQ Last 10.34
THE_UNWIND
3/19/19 St. Joseph's Day
Mountains/New York