Sqqq 6.50 Calls 8/21Stopped out underlying asset looking for a possible stop hunt reversal pattern here down 5.55% so far lets go bb
SQQQ trade ideas
What no one wants to talk about American market is all over the place... one thing certain. COVID-19 Still here. Wall St. doing everything it can to hold up the markets.
At this rate, economy will have another March where stocks fell, even if only a 50% of last market fall.
SQQQ was at high mark around this point at around $30.00
prediction based on chart and economy analysis that within the next 30 days we pass 8.09-8.20 into bullish zone this thing will fly.
I've been in @ 8.09 before drop as a little experiment, not worried. I will be in until I don't feel it will go any higher. (probably a 30-60 day hold here)
Where will your money be?
*As always, set your limits and stops traders
Good luck!
SQQQ Not usually my thing but it looks like could be a good timeCurious if anybody that plays this thing has any comments/targets.
25-day moving average SQQQ StrategyBy buying SQQQ instead of holding cash, you would have made an additional 84% return over 2 years.
25-day Moving Avg Strategy
May 2018 to May 2020
37% + 11% + 7% + 29% = 84%
SQQQ appears to be the inverse of QQQ rather than TQQQ.
SQQQ 4h - first step is 20$, then 28$I also think its gonna be the mother of all short for NQ
but if we look at 4h, we can see the first stop would be at 20$
update on SQQQ weeklySQQQ is still following the lower channel
la week move made it come back to it
if not it would've been the first time in history the candle would be completly off of it.
the lower and upper channel matter
so now its eather gonna follow it, or break throught
my guest is the the volume means the elastic is stretch like never before
sqqqLooks like the bulls have about 2-3 weeks left. Really just depends on the squeeze that is probably coming. Their will probably be record numbers of degenerates shorting 9600-9700 NDX which will ofcourse lead to a squeeze that sends the NDX100 up to like 10k B4 finally dumping back to 8400 or the 200 D1 ema
10% profit from PROSHARES TRUST ULTRAPRO SHORT QQQ NEW 2019(R/S)you want 10% profit fromPROSHARES TRUST ULTRAPRO SHORT QQQ NEW 2019(R/S) ?
this is the time to to invest
SQQQ Weekly follow channel since beginning of ETFits hard to chart this one long term
but weekly and log you can manage to see it follows a parallel channel
in the middle you have gann fan
and it bounces on these
now we are on the down channel
plus under gann fan
next step is following the channel sliding slowly like i often does towards a eventual 7$ lets say fed prints and everybody in florida acting like their is no virus doesn't star the second wave of transmission
or the cluster f$%?& comes, frogs raining from the sky and we go back to upper channel
witch means over 18$ in a pretty short amount of time
im bias
im usually wrong
have fun
SQQQBullish divergences slapping one in the face again on this play. If you look at the NASD chart you should notice the bearish divergences as well. It's not a matter of if, only a matter of when both reverse. I bought a small position here today and will wait for confirmation as mentioned above on the chart.
SQQQ - What to expect next week.Markets are hot ... can we see a turnover next week. SQQQ is near the bottow of the weekly trendline (brown) and the hour trendline (blue).
SQQQ - Bullish (Bearish for stocks)Many indicators shouting bullish reversal on this triple inverse QQQ play. The concern is if this is a portent for the nasd and possible the DOW by proxy, it may mean difficulty for Bitcoin if the current correlation persists. I'm using the 9k level on bitcoin for a trading target. Long above 9k and back in a stable coin below 9k.
As always, be careful of chicanery during weekend trading.
SQQQ 4h if you want to go long because de Market is overpricedNASDAQ:SQQQ
If we don't break down and the market drops
we will go again at 15$ first
then 19.50$ to 20$ is very possible, i've been pushing for 20$ for a long time now
next step is 22,50$, that's were i thought we were supposed to stay back at beginning of april, that where 200MA is also
over that its a very hard resistance, if it goes over that then 31 and 41 were targets for me back then.
Gann FAN works a lot and confirms the levels
still, thats in a world were the system is not rigged
SQQQ Looking Like it's found a BottomDJI and NASDAQ have both showed extreme volatility today. Neither one can seem to hold a price. Next week has many, many more earnings coming out, and it is my personal opinion that the influx of financials will cause QQQ to lose the already slipping grip it has on it's current price point.
SHORT THAT BEAST !!This is one of the most bullish setups I have seen during this year !!!
It's a leveraged inverse ETF on the Nasdaq that I have been followin now for 14 days !!
NOW WAS THE PERFECT TIME TO SHORT THE NASDAQ !!
The beginning of the 2nd wave of the sell off !
This will be my personal Big Short of the year !
Wish me good luck.
SQQQJust bought at the close of trading today.... this triple inverse of the QQQ play. Notice price is back to the lows seen before the market crash. Also note the bullish divergences printed on the Fisher Transform, MACD and SMS indicators. My guess is the rally in the DOW and NASDAQ will cool off some next week and beyond as the realization of QE infinity having unintended consequences sinks in. In any case this is as good a hedge as any if the ships begins to sink again like the Edmund Fitzgerald.
SQQQ week of 6 apr 2020VWMV
Daily +/-2 SD (black arrows).
Weekly +/- 1-3 SD (black, red, green, yellow horizontals) with buy and sell zones (red/green).
Monthly +/-2 SD range (light yellow field).
SQQQ could go to 41$ when it's gonna go throught 22$I have a backstory of being wrong, i've lost a lot of money between june and december on SQQQ
but lately i predicted the Covid Drop, the "'after bubble" and since then it reminded me my errors were that i was trading SQQQ on a large scale instead of a 15min scale
at 15min scale you can always count on it to go back to RSI 60
still when you zoom back, you notice that if we get a second wave down, we could go at 41$
witch is the 100 MA weekly also
yet we need to pop throught 22$
and that seems to be possible because of the gann fan that when throught the 2/1 channel
it did the same with NQ ES RYT etc.. we all went throught 2/1 channel at gann fan so normaly we could get a big push from here
that if all the fundamentals arent switch because of a lie from the president again
i still say the the mexico trade deal and syria were the biggest fraud the market reacted too.
