three reasons for belief this might turn upwards
1. price far below the 100 period moving average
2.divergence between price and macd
3.oversold on the rsi
looking for W's to form and establish a support line
HQU is a 2X ETF following the NASDAQ index. Based on the RSI and Stochastic and MFI I think HQU is overbought and must see a pullback to somewhere around 78% fibbo.
