SQQQ is low in the RSI, MACD & Stochastic.
Very good chance the Nasdaq has some red days ahead and SQQQ, at a minimum, reaches the GREEN trend line where it has found resistance over the last 12 months.
Set stop loss. looking for around 15%-17% gain
Good Luck
Very good chance the Nasdaq has some red days ahead and SQQQ, at a minimum, reaches the GREEN trend line where it has found resistance over the last 12 months.
Set stop loss. looking for around 15%-17% gain
Good Luck
Note
closer look with BB at lower range on 1D
Note
When US10Y surges the NASDAQ typically moves opposite. If US10Y breaksout above the descending trend line that could spark the NASDAQ sell off. Notice the date when US10Y surged in Feb and compare it to NASDAQ
Note
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Disclaimer
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.