SQQQ is rising today LONG
SQQQ trended down the last two days of last week and especially Friday as the technology stocks surged
Yesterday had price consolidation and generally less trading volumes. I believe that
SQQQ will bounce at this level. It is supported by a cross above the POC line of the volume
profile. Under that line is the stop loss while the target is 17.95 at last week's pivot high
The relative volume void above 17.3 suggests that price may have great movement once
getting over that level. A confirmatory MACD line cross sets the reversal .
Shortnqanalysis
NQ entry will be better in sellas you see on my chart oblic support has already broken so we need only big volume to go more down
make your target on 15 min like me in oredr to know when you should target
the other scenario is if breaks up corridor target 15600 if broken up this target we look for tp 16623