SQQQ, Pro Shares 3 X Short Nasdaq 100,
is really the BENCHMARK
the PREMIER ETF FOR SHORTING
the Nasdaq 100, and the FANG STOCKS.
LOOK NOWHERE ELSE, PERIOD.
I have been trading SQQQ for the last 5 years,
and I can tell you first hand, it is the "mother"
in my trading basket.
It is always there should, I need to call on it for duty.
SQQQ has tremendous ...
Princess Gwen here. In the latest Zelda, Breath of the Wild expansion, there's a weapon you pick up that can do infinite damage, but which makes you equally susceptible, so that any small hit, or bee-sting, or thrown rock will kill you. But you can kill anything with one hit!
Trading with leverage is kind of like that. It is a very powerful tool, but it's ...
This Reverse ETF could be a bears best friend.
Upside potential is amazing compared to risk reward ratio, less risk than going short , loos like a great play for the next little bit while this market gets its MUCH NEEDED correction and then we should see Silver,Gold,Uranium as well as Cryptocurrencies find new allocated capital from the equity markets
SQQQ, Triple Short Nasdaq 100 ETF, Broke out Sharply to the Upside
Above 13.36 Buy Stop in trading on 7/30, as discussed previously in my 7/28 post.
( See Chart )
Continue to hold on any afternoon pullback with 12.86 STOP , adding to short position.
Nasdaq 100 Decline has just begun and is "waterfall" in nature.
Sharp snap back-counter trend rallies in NDX ...
BUY SQQQ Triple Short Nasdaq 100 ETF on Upside Breakout Above 13.36,
Potential Upside Target 14.90 .Death Spiral Fall in NDX 100
Leave a standing order in place GTC. Trade Idea Till Cancelled.
Buy more if price were to decline back to 12.34 STOP on the trade. Be Patient..and Wait.
12.88 SQQQ Close 7/27/18
There is similar divergence on the daily Stoch RSI right now that occured in March 2018 as well. The MACD is about to rollover to the upside as well. Expect price to up to at least the downward trend line in pink.
This setup is to work as a hedge against the possibility of a long-term bearish trend in the tech index. Recent price action has indicated that a possible trend change is about to happen. This is the beginning of a potential trade setup which can act not as a money-maker, but as a protection for money that is currently in the market and at risk of becoming lost ...