Wave pattern following nicely on QQQ, .786 FIB retrace just hit on SQQQ & QQQ
Pattern says drop on QQQ/rise on SQQQ due
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Pattern says drop on QQQ/rise on SQQQ due
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Nota
Wave Pattern invalidated. Return to Channel if we don't get a drop soon on QQQ.APPL trickling down still, hard to read.
Nota
I jumped the gun and went in on SQQQ again todayQQQ looks Topped and ready for a fall
Higher volume and range on down days. Very small gains on green days.
Nota
SQQQ has been trading in a channel lately, and today is near the bottom of channel and should bounce up to $14+ even if the market continues up.Nota
Exited 2/18 for a small profit. Risk reward ratio declining.Approaching bottom of channel on QQQ, might be time to switch to TQQQ soon.
200MA on 1 Hour timeline could be a bounce point
Nota
I missed the timing by about a week, but then it did hit target.Next target is back down to about $10
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.