ProShares UltraPro QQQ
Education
Updated

Kauai Daves Trading plan, part I

165
We are nearing the R4 in the 60 minute charts. If we reverse at R4 to go down, I will sell my hundreds of shares of TQQQ. Then if we go down, I sill sell 200 shares of SQQQ for a profit. and go long lower to blast off again.

Note
My first Comment here was incorrect, we are no where near the WEEKLY Camarilla R4 yet. Weekly R4 is my swing target.
Note
snapshot
Note
snapshot We have powerfull VWAP levels overhead, they draw us like a magnet.. I always buy when the Bulls have capitulated and the Bears are so high on shorting they don't see the opportunity. Buying opportunities aren't obvious.
Note
S4 is my buying level, in the weekly Camirilla Pivots, will sell at TQQQ $142.50
R4

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