Leveraged. Price is trying to break the top resistance line. The pattern is neutral until broken. No recommendation. ProShares Trust - ProShares UltraPro Short QQQ is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating...
SQQQ - For those who don't have short play in your trading platform, you may actually consider this SQQQ to long. As long Nasdaq continue to fall, this chart will rise. Is a vice versa kind of chart. - If Nasdaq fail to rebound strongly today at support, individual may consider this to long. How to view the guidance via chart ( Refer back to pin message...
All of these short etf's are up for 2022. Does the pattern continue for 2023? My speculation is SDOW will go up the most +$% in 2023. Since these inverse etf's are so volatile, the entry / exit point is crucial to a successful trade. 2022 YTD: TSLS = +118% SQQQ = +87% FNGD = +64% SARK = +54% SPXS = +36% SRTY = +31% SOXS = +22% SDOW = +2% BITI = +1% Do your own...
looks like we cup and handle, and that takes us briefly over $27 in this short nasdaq fund. as long as we are over vwap this thing is a buy.
so instead ill just say that my favorite inverse index fund is in full breakout mode! nothing is stopping this from running away with everyones presents, so if you have a gift i would share it now. that being said we are at the top of nadaraya watson envelope, and the nasdaq is in extreme oversold territory, so im expecting a bounce followed by continued melt down...
US10Y is at support. With an expected terminal rate of 5.25%, the US10Y will not fall below the neutral rate (3.0%-3.5%). The fed has messaged that the September meeting was them getting to neutral (3.25) and the November meeting as entering restrictive territory (4.0). I see a higher upside risk than downside for bond yields. VIX is at 19 and SKEW,VVIX are...
Bearish rising wedge but is not valid until bottom trendline is broken No recommendation. The wedge could take this to the lower 40s if support does not kick in.
Fed raised rate this month. They're doing what they said they plan to do. There will be more raising of rates. I mean, who else is going to pay for all this wasteful spending? Let me tell you, it ain't our elected politicians. Buckle up boys and girls. There's going to be a lot of moving around of money. Where will it land?... I see accumulation below the...
I am adding onto my position in SQQQ, my last buy in point was $41.85 with the FOMC about to happen over the next 2 days, this is going to be my hedge against any drops in the market. We're well underneath the Keltner Channel and I expect to either trade sideways for the time being or move our way back into the channel as the next 2 days go on. We're sitting...
I am accumulating SQQQ as I think we'll see the market turn over this week. A floor is forming on the CM_Williams_Vix_Fix Finds Market Bottoms, on the 1-day, 4-hour and 1-hour charts. We're currently retesting the bottom of the KC, if support holds, we'll see a reversal and profits throughout this week. This is still a good move intra-week as I know we haven't...
Pivotal point here. Either it bounces and returns back to $70ish or it collapses down
SQQQ Wedge Breakout, this one could be a large impulse up to +$70 range. I entered LONG at $51.80 Good Luck
HELLO GUYS THIS MY IDEA 💡ABOUT SQQQ is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
I've had more than a few people message or comment on my charts asking for an update on this. Here you go. We could potentially see a double top by the end of this week. If we do get one by the end of the week, we'll most likely get rejected around 68 and then start our move down. I'm sure my usual subscribers know I take profits early on all my trades to make...
Order BUY SQQQ NASDAQ.NMS Stop 53.97 LMT 53.97 will be automatically canceled at 20230401 01:00:00 EST SQQQ daily bullish hammer at Fibonacci 50% retracement RSI divergence. Stop loss below 68% take profit into fib extension 1. Wave 5 uptrend.
look for entry in SQQQ for wave 4 along the wedge support between $52.88 and $51.47 Sell them at the top in the next few weeks. Good Luck
I know I got tons of kick back for posting about this asset for months now. As I've stated before. This is a key hedge for U.S. market portfolios. This was one of my biggest wins this year in American equities. Cheers! More pumps to come as the Federal Reserve crashes the market.
This is a H&S. I think downside here makes good sense. Puts on level, SL if pattern is invalidated.