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N0tSwift

SQQQ Rising Soon

Long
ProShares UltraPro Short QQQ (NASDAQ:SQQQ)  
N0tSwift Updated   
NASDAQ:SQQQ   ProShares UltraPro Short QQQ
Trend Analysis Wave Analysis SQQQ btd
9
9
trendanalysis waveanalysis sqqq btd
Wave pattern following nicely on QQQ, .786 FIB retrace just hit on SQQQ & QQQ

Pattern says drop on QQQ/rise on SQQQ due

*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Comment:
Wave Pattern invalidated. Return to Channel if we don't get a drop soon on QQQ.
APPL trickling down still, hard to read.
Comment:
I jumped the gun and went in on SQQQ again today
snapshot

QQQ looks Topped and ready for a fall
snapshot
Higher volume and range on down days. Very small gains on green days.
Comment:
SQQQ has been trading in a channel lately, and today is near the bottom of channel and should bounce up to $14+ even if the market continues up.
Comment:
Exited 2/18 for a small profit. Risk reward ratio declining.
Approaching bottom of channel on QQQ, might be time to switch to TQQQ soon.
200MA on 1 Hour timeline could be a bounce point
snapshot
Comment:
I missed the timing by about a week, but then it did hit target.
snapshot

Next target is back down to about $10
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