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TQQQ to 125, decision will be made at this levelTQQQ beginning recover, potential upsides if we can get to 125 level. Today, TQQQ has helt the 23 Fibb level after selling off into the close, and is sandwiched in between 0 level of the original retracement, and 23.8 Fibb Level of the micro retracement. Should we get to this level in the coming week, or potentially Friday, a decision will be made to either move to the upside, or bounce and retrace back down to 110, or lower. Copyright Rohan Karunaratne 2020
NASDAQ:TQQQLong
by UnknownUnicorn4017959
4
TQQQQ Bearish BreakYearly chart... the Directional Movement Index shows an almost Identical cross right before the market crashed in March. Formation of the chart is not complete, but with 2 out of 3 moving indexes crossing recent market pull backs can be explained. Should the formation complete (comparable in purple squares in the DMI), then what we are seeing now is just the beginning of a big drop. If the Directional Movement can pivot then recent losses could just be a minor pull back. Tomorrow will gives us all the answers we need. GLTA Understand I am not a financial Advisor and this is not Financial advise please do your own Due Diligence
NASDAQ:TQQQ
by mrjr091987
2
On Thursday I sold 500 shares SPXS and went long at the bottomFriday many of us thought we might go up, but we had a second day of PAPER SELLING. I'm trading ETFs in a cash account, swing trading.I had bought 80 shares of TQQQ tripple QQQ Bullish. So rather than take a loss Friday morning I bought 200 shares of SQQQ, tripple short QQQ to cover my losses and add profit. I cashed out on those too, bought at $20 sold at $26. I'm still holding 0 loss, really, 100 shares of TQQQ... I am that sure we go up Tuesday. If we don't i will buy another 200 SQQQ. I watch 60 minute candles multiples weeks at a time. I buy at S4 and Sell at R4++ now
NASDAQ:TQQQLong
by dryanhawley
2