IXIC was up 1.87% on 9/14. However, the day followed a bearish trend line. In addition, the bearish trend that started on 9/3 continues. If the bulls cannot reverse the trend, then we can expect a 2-3% drop on Tuesday, or a more severe drop later this week as support deteriorates.
SQQQ volume and PCC Call/Put ratio still shows a general downward expectation in the market. It's a good time to raise cash, hedge, or make bearish bets depending on your appetite for risk.
SQQQ volume and PCC Call/Put ratio still shows a general downward expectation in the market. It's a good time to raise cash, hedge, or make bearish bets depending on your appetite for risk.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.