SQQQ entered the buy zone, because before this she fell a lot, now she will try to make a squeeze.
Looks close to a butterfly pattern on several short etfs
Look at daily stoch heading down I am early Look at vol not bad stop loss 21.07 Target 30 and higher
The reason this TA is a meme is because it's based in reality. When something looks like this and you get excited about a single candle when the trend is EXTREMELY clear, it could be the bottom, sure, but this is not the most likely trade here. Bottom picking has it's merits but not in trending markets, especially when things are asynchronous. Odds are, if markets...
I am adding onto my previous position. @ 32.50 USD. With no regulation or reform being put in place of the current financial markets, this is one of my go to's for assets to hedge against the next "black swan" event. It's ignorant to say that the markets can maintain this current rally. Our network sees the signs within almost every continents monetary systems,...
This looks scary. SQQQ (short of QQQ) is forming a bullish divergence within a wedge. Well, I think Nasdaq is due of a big correction though. I'm packing my things ups before the tsunami runs over me.
ProShares UltraPro Short QQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index.The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index...
The tides could be about to change. The bear market rally is fizzling out and SQQQ RSI is showing some Bullish Divergence.
It's go time! Wedgie$ and Divergence$ EVERYWHERE... $HORT EVERYTHING!
AMEX:SPY - not making any significant moves ON as we await the FED policy decision at 2:00 ET. It is widely expected that they will raise another 25 basis points. Here are the scenarios and plan of action. 25 bps hike - because this is the expected scenario, the market has priced this in, since mar 13th, we've gained 30 points in SPY. My bias is that we...
WOOOOOOOOO!!! my analsis TO DE MOOOOON Diamond hands Mist buy
#SQQQ broke out bearish pennant. So if #SQQQ still above 30.3-30.5$, we will see market continue drop until #SQQQ get 31.8-32$
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 31.5/61.80%
The magnitude of this divergence is enormous. Other indictors are trending in the bullish direction We should see a nice pop for SQQQ
Pretty flawless arc/consolidation- breakout to the upside for SQQQ & pullback on SPY?
If Momentum Reverses in the market and we start seeing weakness in Q2 this could provide target levels for long on the $SQQQ in the following weeks/months
So far so good catch rallies up sell into but the over all trend is DOWN TAYING SHORT