bodeen88

TQQQ still has room to drop.

NASDAQ:TQQQ   ProShares UltraPro QQQ
MACD Line just turned negative one the 1D chart, which it hasn't done since March. Bond prices are soaring out of nowhere as the fed continues to raise rates. Yes, the economy is booming, but I think we are seeing the autumn slump here. Buying these loftily-priced FAANG stocks does not have a good R/R ratio. There will be a great buy opportunity coming soon. This is just the kind of volatility boost the market needed in order to move forward in a positive direction.

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