This looks scary. SQQQ (short of QQQ) is forming a bullish divergence within a wedge. Well, I think Nasdaq is due of a big correction though. I'm packing my things ups before the tsunami runs over me.
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I'm holding SQQQ for weeks in case the market crashes. Is like an insurance, I'm not selling it, actually I may add. I want to see some bears action first.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.