Long SQQQ as a hedge 36.75Know I am early on this daily against me I like though the 100 day is support and and qqq if look going into 200 day as resistance looking 35 bounce off 100 day I went long small. look daily nice higher lows target 50 Weekly look good turning but trend is up. Longby john12Updated 1
Long SQQQ @ 35.39Watch that daily turn up on stoch also look at the higher lows going to 48 and higher. Sitting on 100 day ma looking good. Longby john12Updated 5
SQQQ for re-escalation I think we gonna have one or two more bearish legs due to Russia will halt Nordstream I and will push oil prices over 160 USD. So USD will drop to 3,800-3,700 level. Best way to play long SQQQ for a potential 30% upside next 30 days. Regards, Remember, also its very important to understand the Sanctions boomerang effect that will hurt many companies across the globe, and also the secondary effects of those sanctions. For example US has sanctiones Russia and any person/Corporate related to Russia. But and this is important, IF CHINA says to US, we are not agree, we gonna raise Tariffs and act as countermeasure against EU/UK and US. = TRADE WAR . On the other side Russia will also begin to nationalize foreign facilities inside Russia of those countries that dont support Russian Federation. My rationale is that is time to sell the last bounce in Equities and get ready for a hyperinflationary enviroment for 3-12 months forward.by PACDealer1
SQQQ!We see a bearish accumulation forming. Signs of more selling in the future. Trade with care use a stop loss. Shortby miche2540
SQQQ - Possible bull run in the makingOn the 1D chart: -Price crossed and is holding above the 50 day EMA. -If RSI can stay above 50, that's a sign of continued upward momentum. -Hidden bullish divergence supports (upward) trend continuation. -See 4 hour chart below. Never follow someone else's trading plan. These are just my observations for entertainment and education, not financial advice. Have fun, and trade safely. Longby NickelOakUpdated 222
nasdaq bear making moves under week highs (SQQQ)generally this etf is going one direction: down, but the weight may be lifted off its shoulders briefly as calls expiring next week are eliminated. if we cant break to new intraday highs i would imagine sqqq has one last trip above 40 only to get sucked back to vwma.Longby cerealtradesUpdated 111
SQQQSQQQ price is in a descending triangle in an existing downtrend. Downtrend is also currently bouncing off 50ema. Price at resisting trendline of descending triangle and we also have a spinning top candlestick at this resistance level. Entering trade Entry: 6.54 Stoploss: 7.04 Target: trailing 50ema Shortby rudchartsUpdated 112
on which scenario are you going to bet?Based on the current momentum, I rather bet on the 1st possibility and keep in mind that 2 could be the alternative! How about you? Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.Longby Moshkelgosha4424
sqqqsqqq if cross line resistance will be fly but under bottom line stop lose >>>Shortby ahmadAmmar30Updated 223
The Santa rally came on the new year.SQQQ I was waiting and waiting on this one and we all knew it was going to come and it finally did. My last charts are now useless now that they did a reverse split on the thing 5:1. Well if they did not do that then it would have dropped past a buck and been delisted eventually so they had no choice. Maybe I am a broken clock who is right twice a year but I will chalk this one up asa win. A 45% gain in 16 trading days is pretty amazing for SQQQ - I usually expect a win of 7% or maybe 12% but 45% is unreal.by JGH_Capital0
Market hedgesIf you only buy shares and don't buy puts for market hedging, here's some inverse market tickers to balance your portfolio: SQQQ = short Nasdaq VIXY = short S&P 500 SDOW = short Dow Jones SRTY = short Russell 2000 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com by Options360776
Sqqq might go lower before the interest rates hikeSqqq might go lower before the interest rates hikeShortby theMacAli112
SQQQ Santa rally came early - so does the nest one start on....The reason I added 'so far so good' to the last post was that it was running up and a few days later it broke up above $7 as far as xmas rally It looks like I was off by 2 days. Usually when SQQQ goes below the green line (50 day moving average) it pushes up to the 100 day moving average (the slower Blue Line). This is not an everyday thing - it last did it a few months ago from the beginning to the end of September and ran up 28% then this recent run was short (NOV 22 - DEC 6) but ran up 22%. The Stochastic RSI (orange and blue lines at the bottom of the chart.) StockRSI show us when it falls to zero on SQQQ it is time to buy and with in a week or a month you will run up 20-30% This is great in years of sideways chop in the market, as people run from stock into cash and then back to stock again, that high volatility can generate great returns if you can catch the signals. It looks like SQQQ will fall for the rest of the year back below $5 and some equities will run up after Xmas - by then the Covid infection rate should be high which will cast doubt on the markets and scaring people back into cash. It might happen next week it might happen next month. It is hard to say, if you look at the Stochastic RSI it can go down to zero and stay there for a month before it take off again with one of these +20% moves. This one is a lagging indicator and you can miss it by and inch or a mile. Not trading advice i did not take this trade -I have been working on perfecting this system for a year and only took one trade on it in the spring. i will save this one in my back pocket for next September when every one sells Rosh Hashana and buys Yom Kippur. Now that i think about this the Lunar new Year is coming up and that would be a great overlay on this chart for the next pump. has anyone had luck timing this with the luna new year? Shortby JGH_CapitalUpdated 5
SQQQ Montly between 26-39$ still a tech bubble that didnt popedmy predictions are the worst, dont follow them. We've been under the green lower channel and Montly shows that when the market drops, the upper channel is a target. So you have to understand that a worst scenario for Nasdaq is SQQQ at 70-80$, and still, that would be a sustainable point, we easily went there many times in the last ten years and sentiment was very good and smooth so Upper channel isn't apocalypse, its just the worst it went during a bull market that last for 15 years now imagine if its a real recession, a real bubble that pops, and look at 2001 and 2008 that would be much more over the upper channel SQQQ at 26$ is short term confortable, at 39$, that when economy has some range on the interest rates and no covid under 39 its a bubble between 39 and 80$, thats covid wave #2 Over 80$ its the results of two waves on the economy and Trump in prison. Longby jessyfuchsUpdated 661
short inverse nasdaq (sqqq)broader market health permitting we should be finding a lower high in sqqq and retracing back into the channel below mean regression and vwap should we set a lower high than 6.15 and break 6 convincingly i wouldnt be surprused to end up around 5.92Shortby cerealtrades2
multi day runner short nasdaq has bull momo (sqqq)hedge action has added to the price of short room for bulls to work with. we will probably test some area above postmarket lows and move higher in the beginning of next weekLongby cerealtradesUpdated 0
Nice gamble PT 8+Long, could be a bumpy road coming , looking for gap fill.Longby TheAmericanTaxpayer444
SQQQ is gunna have a Santa Rally SQQQ is gunna have a Santa Rally time to go all cash for 3 days sometime soon. Shortby JGH_Capital332
$SQQQ to pair with an $AAPL short...If you don't want to play $AAPL, you could just try a long $6.50 at $0.14. Small entry, if there is market capitulation this could get a nice pick up in a two day stretch as a hedge. by UnknownUnicorn39241540
$SQQQ little protection here...If we keep dropping you can find some individual names, or what I'll try is a few $6.50 calls on SQQQ see how that worksby UnknownUnicorn39241541
POSSIBLE INVERSE HEAD AND SHOULDERSPossible inverse head and shoulders on the SQQQ brought to you by Omicron.Longby neodimiun1
Anybody Else Shorting The Market ?This fourth wave is a nice excuse to short the market before we are nearing to Santa rally. Give me a thump up if u are shorting NAS100. These are my personal thoughts derived mainly from EW and they could be wrong. Longby SabahEquityResearch111113
Proshares Shorts is descending lower. SQQQZigzag, broke floor, negative momentum, the trend continues. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!Shortby Rykin_Capital0