StephenGunn

TQQQ RSI Breaking Divergence Downtrend to the Upside

Long
NASDAQ:TQQQ   ProShares UltraPro QQQ
Every time the RSI line comes back through and breaks a downward trend, TQQQ 1.77% goes up. Can track back to 2016 and observe. Quick useful edge. Shorter timeframes and longer have shown consistency. When there is consolidation some brief whip saw will be found but otherwise solid strategy. Try it yourself.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.