SQQQ Rising Soon

1 feb 2021

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*

2 feb 2021

Nota

Wave Pattern invalidated. Return to Channel if we don't get a drop soon on QQQ.
APPL trickling down still, hard to read.

11 feb 2021

Nota

I jumped the gun and went in on SQQQ again today


QQQ looks Topped and ready for a fall

Higher volume and range on down days. Very small gains on green days.

11 feb 2021

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.

21 feb 2021

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

23 feb 2021

Nota

I missed the timing by about a week, but then it did hit target.


Next target is back down to about $10