Buying the QQQS, shorting the QQQGreen line is my (in profit) stop loss - if it closes at that point I'm already nicely in profit.
Key stats
About WISDOMTREE MULTI ASSET ISSUER PLC NASDAQ 100 3X DAILY SHRT ETF USD
Expense ratio
0.80%
Home page
Inception date
Dec 14, 2012
ISIN
IE00BLRPRJ20
An English law governed, uncertificated, registered, collateralised exchanged-traded note linked to the NASDAQ-100 3x Inverse Total Return through swap arrangements (Swaps) entered into with eligible swap providers (Swap Providers).
QQQS longWe are looking at Inverse purchases
QQQ long unit trust position is reaching $250 at a max, needing a strong correction. This double top scenario is looking plausible.
This is not a signal, price will change and according to the rules of your plan, trade when price aligns to your levels.
Technica
See all ideas