LastBattle
Long

Top of the nasdaq bubble?

NASDAQ:SQQQ   PROSHARES ULTRAPRO SHORT QQQ
Entered at $17.7 here, this will be a multi month holding position with little risk.

Stop loss will not be exactly at 16.7, I will watch for other macros such as the upcoming FED rate hike on june 17 (yes again, and probably not raise it lol )

Weekly chart:
snapshot


Nasdaq 40 year perspective:
snapshot
I thought it looked like QQQ was heading into a golden cross?
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LastBattle IsaacKern12
Yeah, SQQQ is the 3x inverse leveraged version of QQQ
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i mean do you see it going up any further?
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