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ProShares UltraPro Short QQQProShares UltraPro Short QQQProShares UltraPro Short QQQ

ProShares UltraPro Short QQQ

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SQQQ trade ideas

SQQQ: Be Greedy When Everyone Is FearfulWith all the commotions going on in the markets and global equities, naturally we have lots of fear in the market. One thing that I believe is in order for market makers to move prices and enter positions, they require a massive amount of liquidity in order to execute buy orders, and vice versa when selling. Let's take a look at SQQQ, an ETF that tracks the nasdaq market moving downwards. Compared to the SPY falling wedge on the daily time frame (bullish reversal pattern) we have a rising wedge on the SQQQ (bearish pattern). We have been trending downwards since Nov 2021, and frankly, I think the market sentiment is starting to get overly bearish. Looking for a pop / flash crash possibility to the top of the range, before falling out back to the low of the pattern. This is simply an opportunity to play TQQQ on the recovery if SQQQ breaks down.
NASDAQ:SQQQShort
by afurs1
1
SQQQ hopes.There's a lot going on in the world. A war against Ukraine, rising gas prices, and so much uncertainty. That's bad for us, but great for this stock. Allow me to introduce you to ProShares Ultrapro Short QQQ. Ticker symbol: SQQQ. This is a short of the Nasdaq. What's a short you may ask? A short is when you profit off the market doing bad (in this case, the Nasdaq: QQQ) There are two reasons I bring this up. Reason 1: I am using the MA (Moving Average) 9 line which is for 1-3 week investing. I see my MA 9 line going through the Green heikin ashi candle on March 7th. This is my "Buy signal". As you can see, it has gone up nearly $8 since we got the buy signal. Reason 2: with the war, much of the stock market is going down, what with war intensity and cutting of Russian imports, it's not looking good. Thank you for reading, have a good day, and remember: This is my sole opnion, you do not have to agree or disagree, take this as a alert, not me telling you to buy it or I will find you and hurt you.
NASDAQ:SQQQShort
by JadenStockMarketer
4
SQQQ SELL LINEThis is halarious I even have to publish this, I just did an idea off of the QQQ on the buy line and just realized; "Wait, if this is the case, then isn't the short at a sell line?" I check and yes, that's correct, I don't feel like writing down (or typing I guess) my explanation again, so here's the short of it: Yellow line go through red, sell, don't buy.so, look at the chart, does this add up? Yes. Long story short, sell your shares and then buy back in lower. It's for your own good.
NASDAQ:SQQQShort
by JadenStockMarketer
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.
NASDAQ:SQQQ
by PACDealer
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.
NASDAQ:SQQQLong
by Moshkelgosha
4
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.
NASDAQ:SQQQ
by JGH_Capital
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
NASDAQ:SQQQ
by Options360
7
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 $5 and some equities will run up after Xmas - by then the Covid infection rate should be high which will cast doubt on the markets and scaring people back into cash. It might happen next week it might happen next month. It is hard to say, if you look at the Stochastic RSI it can go down to zero and stay there for a month before it take off again with one of these +20% moves. This one is a lagging indicator and you can miss it by and inch or a mile. Not trading advice i did not take this trade -I have been working on perfecting this system for a year and only took one trade on it in the spring. i will save this one in my back pocket for next September when every one sells Rosh Hashana and buys Yom Kippur. Now that i think about this the Lunar new Year is coming up and that would be a great overlay on this chart for the next pump. has anyone had luck timing this with the luna new year?
NASDAQ:SQQQShort
by JGH_Capital
SQQQ Montly between 26-39$ 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.
NASDAQ:SQQQLong
by jessyfuchs
6