SQQQ as a hedge to long positionsVery liquid with tight spreads. Volumes have been visibly higher. Target 30ish.
An alternative idea to short TQQQ (not sure if it's shortable?)
SQQQ trade ideas
Touching trend linesSQQQ was a good short term play to offset some of my (day) losses. We are touching some trend line (areas) and SQQQ is continuing downward. I'm not a perfect trend line creator, but the trends give me something to aim towards.
Going Long the SQQQ to leverage the move The SQQQ offers a 3x move on the underlying SP, this will give a little more leverage as options are so unpredictable. My strategy as published on the E Mini trade is based upon investor sentiment being so high with the small investor and so low with the large institutional investor.
SQQQ Starting to look interestingNice tool to hedge a portfolio. Take note of the 3x gearing. Starting to look interesting. Breaking back into falling wedge today.
Those who short the market were active 3-4x..!When you look at the trading volume and compare it to the first 8 months of 2020 you will find out since September trading volume has become 3-4 x !
In the next few days we will see if their attempt paid off.
Is this just a 'blip' or the beginning?The last time money flowed into the fund this quickly, there was a nice upswing.
BULLISH DIVERGENCE TARGET 25BULLISH DIVERGENCE, vix, dxy and put call ratio at the lowest TRIFECTA of a PERFECT STORM.
SQQQ Another positive divergence.Positive divergence on SQQQ as well, noticing these today encouraged me to cut some of my exposure. Watching to see how these play out. No rush. May not mean anything for stocks, but it looks like a short term pullback may be in the works. Who knows.
SQQQ - h chart SQQQ- H chart
After hitting the first target and the second target, prices returned to the buying area again. There, another small positive pattern was formed, its first target is 20.00, and its second target is 20.65
T1 23.75
T2 25.95
SL closing under 17.95
SQQQ 4hSQQQ 4h
Im very bad at predictions
NORMAL RESISTENCE/SUPPORT IS GREEN LINE
OVER THAT IS BULLISH TERRITORY
UNDER IS BEARISH TERRITORY
pink line is bear porn
a bubble poping could bring it upthere
to go up
VOLUME HAS TO BE OVER 8K
RSI HAS TO BE BETWEEN 25 AND 65, 45+ IS VERY BULLISH
WHEN TOUCHING 400MA over green line, this is gambling, be carefull
short term between 200ma and 400ma is a healty normal goal
inside triangle, is a safe zone
make a decision when you are outside that.
SQQQ 4HIf we go over that line
400ma 4hours is a target to go back to lower channel
the parallel channel was on place for the last 10years
SQQQ -h chart SQQQ - h chart
After hitting the first target, almost "the second target" returned to the buying area again
Buy again in the current area
T1 23.75
T2 25.95
SL closing under 17.95
Intro to Support and Resistance LevelsTrend swing trading works very well for consistent trends, but the least bad option I could figure out to avoid the losses in baseline and trajectory changes was to just be patient and wait for it to swing back in the other direction.
However, a 30-minute resolution support/resistance level algorithm that will hopefully allow us to profit from these trajectory changes as well.
By using stop-limit orders to automatically sell whenever it falls through a support level, one can significantly decrease the risks.
Conversely, by buying when it breaks through resistance levels, we'll be able to take advantage of a lot of upsides that you'd otherwise be missing out on.
You can apply the indicator by searching for "Swing" in the indicators and picking the top result.
A look at the SQQQSQQQ still in the channel but approaching a key trend line. It bounced off of it yesterday. Will it do that again and break the up channel or are we looking for a bigger move.
SQQQ Bouncing Upward Between Channel Lines The up and down swings daily have been predictable and profitable on SQQQ alternating with TQQQ.
The ever tightening range between resistance and support on QQQ indicates we're due for a big change soon though.
Keep stop losses and target profits pretty tight, it turns quickly in ever shorter ranges.
70/30 we break DOWNWARD due to Macro Economic problems, but....a new $2+Trillion dollar stimulus, and we go UP on QQQ and TQQQ and DOWN on SQQQ.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
SQQQ 400MA 4h chartListen
artificialy this can go on
but you know the economy is not the market
but its ralated somehow
and you know everything is priced in
and you know US dept is never coming back
400ma is touched when shit goes down
so 60$ is a target, but we'll have to go through 39$ like always first
last wave was a test, we didn't make it
i may be wrong, like always
24 hour SQQQ bullish divergenceRSI, Chop, ADX all showing divergences...
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
