Here's TQQQ divided by the M1 money supply.
Here's QQQ divided by the M1 money supply.
By dividing by M1, we are able to see the supply adjusted value of the share. I chose to use TQQQ instead of QQQ for a short because it looked pretty cool making a triple top when divided by M1. Haha.
Here's QQQ divided by the M1 money supply.
By dividing by M1, we are able to see the supply adjusted value of the share. I chose to use TQQQ instead of QQQ for a short because it looked pretty cool making a triple top when divided by M1. Haha.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.