TQQQ Long term bearish outlook
!! Not a Financial Advice !!
I hate to say this, but to my limited understanding, TQQQ and QQQ might be long term bearish.
I think we are going to form the right shoulder. I have long positions and I pray for dear lord of stonks that we can see $165+ again so I can pull out :))
FIB Extension also confirms this.
What is your opinion? Please let me know in the comments!
I hate to say this, but to my limited understanding, TQQQ and QQQ might be long term bearish.
I think we are going to form the right shoulder. I have long positions and I pray for dear lord of stonks that we can see $165+ again so I can pull out :))
FIB Extension also confirms this.
What is your opinion? Please let me know in the comments!
Comment:
Exactly as predicted with a good bounce on 0.236FIB. I think Wednsday's CPI report by FEB will have a great effcect on TQQQ coming down to weekly support or even break under it.
I am the defender of the retail against the wolves of the wall street
