Short $TQQQ $144.07. Heavy sell off in named technology stocks pulling down $TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart.
Trade active:
Target 1 achieved
Trade closed: target reached:
TQQQ split 1:2. Will publish new chart