Reentered SQQQ position today a few minutes before close. In my group chat I mentioned earlier today that I expected Tuesday to be a green day but after seeing today's volatility, I am now expecting Tuesday to be red as evidenced by my SQQQ position. On the chart I have drawn out my play/expectation. If the bottom zone breaks, I am expecting an incoming NASDAQ crash. If I get stopped out tomorrow, then I may consider taking a short term bullish position.
Note
Locked in profits on SQQQ.
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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.