SQQQ trade ideas
Bullishness in the SQQQTech indexes are doing terrible, perhaps going to continue doing terrible things while the FED is being bearish. SQQQ could be a nice hedge against it. DYOR
SQQQ PREMIER 3 X ETF ..TO SHORT NASDAQ 100 / FANG STOCKSSQQQ, Pro Shares 3 X Short Nasdaq 100,
is really the BENCHMARK
the PREMIER ETF FOR SHORTING
the Nasdaq 100, and the FANG STOCKS.
LOOK NOWHERE ELSE, PERIOD.
I have been trading SQQQ for the last 5 years,
and I can tell you first hand, it is the "mother"
in my trading basket.
It is always there should, I need to call on it for duty.
SQQQ has tremendous Institutional Liquidity ,
trading anywhere between 30 -40 MILLION SHARES A DAY.
Expense Ratio is a very reasonable .95
Perhaps the most COMPELLING reason to put SQQQ
in your trading artillery in that it can be traded from
4 AM- 8 PM Mon-Friday That's 16 Hours a Day of Opportunity,
with BID/ASK Spreads never more the a couple pennies apart !
I HIGHLY RECOMMEND Pro Shares SQQQ to the trading community,
here on tradingview.com, if your goal is to capitalize on price declines
in the Nasdaq 100+ Fang stocks.
This is is continuing series of articles
on 3 X Long/Short ETFS,
that I consider the best in the business.
Next up...UDOW 3 X LONG DOW INDUSTRIAL"S ETF
THE_UNWIND
11/30/18
NEW YORK
$SQQQ looking for trend line. I see a bounce off the trend line. The market is going to tumble. Scale in boys!
Wait for next week to short the market (SPY, QQQ)From my indicator to get to TL, estimate the time for the market rally to end is Nov.19-21st. Lets get shorts at that time.
The Demon Temptress, SQQQPrincess Gwen here. In the latest Zelda, Breath of the Wild expansion, there's a weapon you pick up that can do infinite damage, but which makes you equally susceptible, so that any small hit, or bee-sting, or thrown rock will kill you. But you can kill anything with one hit!
Trading with leverage is kind of like that. It is a very powerful tool, but it's just as likely to wipe you out. Most of the time, I don't think using leverage is worth it. Too much stress, and it leaves you vulnerable to any tiny change in the market.
However, used properly, it can be very useful. Considering that the market looks like it's about to change direction, this is a good tool to have in your belt. It's best used for short duration, or alternatively in a small position. In a market like this, you can have fairly tight stops once it changes direction.
Going Long On a BearThis Reverse ETF could be a bears best friend.
Upside potential is amazing compared to risk reward ratio, less risk than going short , loos like a great play for the next little bit while this market gets its MUCH NEEDED correction and then we should see Silver,Gold,Uranium as well as Cryptocurrencies find new allocated capital from the equity markets
SQQQ/ Nasdaq 100 Short ETF Breakout (As Discussed Previously)SQQQ, Triple Short Nasdaq 100 ETF, Broke out Sharply to the Upside
Above 13.36 Buy Stop in trading on 7/30, as discussed previously in my 7/28 post.
( See Chart )
Continue to hold on any afternoon pullback with 12.86 STOP , adding to short position.
Nasdaq 100 Decline has just begun and is "waterfall" in nature.
Sharp snap back-counter trend rallies in NDX should exhaust themselves, until downtrend is reversed.
THE_UNWIND
SQQQ Triple Short NDX ETF/ Trade BUY Breakout Above 13.36 GTCBUY SQQQ Triple Short Nasdaq 100 ETF on Upside Breakout Above 13.36,
Potential Upside Target 14.90 .Death Spiral Fall in NDX 100
Leave a standing order in place GTC. Trade Idea Till Cancelled.
Buy more if price were to decline back to 12.34 STOP on the trade. Be Patient..and Wait.
12.88 SQQQ Close 7/27/18
Bullish Divergence on SQQQHi,
There is similar divergence on the daily Stoch RSI right now that occured in March 2018 as well. The MACD is about to rollover to the upside as well. Expect price to up to at least the downward trend line in pink.
TONCHIMETER: SQQQ Major Trend DOWN for now...SQQQ Major Trend DOWN with a
Bearish Descending Triangle
Trade setup for hedging against a bearish indexThis setup is to work as a hedge against the possibility of a long-term bearish trend in the tech index. Recent price action has indicated that a possible trend change is about to happen. This is the beginning of a potential trade setup which can act not as a money-maker, but as a protection for money that is currently in the market and at risk of becoming lost investments. By placing a slight risk in this trade, it can help give some insurance for the possibility of stocks taking a bearish term for the near term and distant future.
Short SQQQ after retracement in downtrendShort opportunity developing on SQQQ if price action supports it. If price continues to the upside before stop entry being hit, stand aside and cancel the order.
JUST HOPING HISTORY DOES NOT REPEAT ITSELFPlease leave a comment especially if you see a flaw.
Just a thought
Maybe sell the breakout?just an idea to sell the breakout especially with the fed raising rates in june.
Please comment if you see a flaw.
Leave a comment.
