Considering taking profit on SQQQ Calls Weekly & Monthly.
NASDAQ likely to consolidate over the next few days if the remainder of earnings beat expectations. if earnings fail, these positions will explode to new recent highs
Flag pattern formed on lower timeframes are signaling a sell off in the us dollar for the overnight session. Possible gap up rally in stocks Friday if sell off continues build after the Asia trading session.
Support looks to be established on lower timeframes so let's take a birds eye view. Notice how the wicks of 05/21/21 through 07/20/21 became filled with a rally to follow. The same setup seems to have presented itself as of late with the wicks of 12/02/21 being filled, ending with a hammer candle...
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