PSQ is trading inside a 1M (monthly) Channel Down (RSI = 36.191, MACD = -3.690, Highs/Lows = 0.0000) which last December made its Lower High. A Death Cross (MA50 under MA200) formation occurred in March on 1D and after a 27.60 bottom, the price has been rebounding towards the MA200. Last time the same pattern occurred was in 2016. The rebound resulted in testing...
The ProShares Ultra VIX Short-Term Futures ETF is approaching the April bottom and the symmetrical Lower Low on the 1M Falling Wedge. Being oversold (RSI = 6.651, MACD = -1698.076) a strong cyclical rebound is expected on a very structured and recurring candle pattern. We are on a long term buy on UVXY with TP = 75.00. ** If you like our free content follow...
The daily just closed above the 50 EMA on NASDAQ:SQQQ . Last time marked in yellow circles, the very next day went +13%. Not to mention, Proshares has annouced on May 24th for every 4 shares of SQQQ you'll recieve 1 back at 4 times the value. This is an even trade, but people will be buying or selling to have a quantity divisible by 4 (likely more buying than...
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) PROSHARES ULTRAPRO SHORT QQQ ETF (SQQQ): All The Pivots, Supports & Resistences
Looks like the S&P 500 is completing the 5th wave. The bull market couldn't last forever and I feel as if the bears will come down hard in a self-fulfilling prophecy. Proshares Ultra Short is looking mighty attractive right now.
Head and Shoulders bottom on the Inverse of Russel2000 / Multi Decade Bottom. Increasing in bullish volume.
Pink UpTrend Line- 2009-2015. 2015- Sideways trading. Red UpTrend Line 2016-Present day.
Dont let big volatility scare you. good buying opportunity for NASDAQ:FB NYSE:TWTR and my favorite: NASDAQ:TQQQ . Looking for the big meltup driven by momentum investors befoire the onset of the next recession in the 2019-2020. : Looking for a peak out around 9000
If this doesn't look like a #proshares inside job, I don't know what is. Everyone lost huge, even though we are seeing VIX decline today. Noone deserves this. Lawsuits soon for sure, especially due to the fact #proshares decided to resume trading, unlike XIV. What a mess.
This ETF is a bit choppy, but I'm watching it to see if it will break and close above my purple .382 line to signal an new uptrend. Once it does, I'd like to ride it until it crosses back into the blue line, where I'll start to look for an exit. Hitting that line doesn't necessarily mean it's growth is over, but once it's closing below it, it seems to lose it's...
Using the Fib Speed Fan, I'm hoping the DXD will continue it's new move upward, staying withing the fan arc. It's recent break out of the low rebound of the DOW suggests a higher move. Please feel free to like if you agree or critique.