$ProShares UltraPro Short QQQ ETF (SQQQ.US)$$Invesco QQQ Tru...
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Invesco QQQ Trust(QQQ.US$ The last thing I saw as I left, the statment seems to match many. My conviction has not changed, still Bearish.
Pulled back to first support (orange line) should test the purple resistance line above it (and fail). Lots of calls bought lots of bullish sentiment.
Lots of bearish sentiment with oil, gold, hawkish fed, rates. QQQ rests on an edge- what will it do?![]()
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Lots of bearish sentiment with oil, gold, hawkish fed, rates. QQQ rests on an edge- what will it do?
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Imso : yes seeing vol getting lower as qqq gets higher. price seems to exhausting from the fake pump...
101828445 : Nice analysis!
Fat Veg 7890 : Premarket seems like bulls are winning.
iamiamOP Fat Veg 7890: yes, I would expect so. we may even be green, yesterday gave us some room to go up and still be in a downtrend.
Fat Veg 7890 iamiamOP: Can share your insight on this? Why Nasdaq may be green and got room to go up while it is still a downtrend?
iamiamOP Fat Veg 7890: when the downtrend starts technically you have to break the start to be a full reversal so we COULD go as high as 15000 but that might break the trend range. it all changes as the buying and selling goes on. Hard to understand, but let me show you on a saved chart from yesterday. see the downtrend, now technically you would need to break that white line to be out of the longer downtrend. (on a shorter time frame like 30min - the uptrend is spotted sooner but on a 4 hr time frame that would not show an uptrend)
iamiamOP : dont worry so much about NQ going up, gold and oil are hovering on a breakout, that's what makes me believe we could go up then reverse when oil and gold breakout.
Fat Veg 7890 iamiamOP: Any gold or oil (which are not so costly), i can perhaps buy a few hundred bucks on it to rode on it thanks.
iamiamOP Fat Veg 7890: have you tried the moomoo EXPLORE tool? if you go into MARKETS - EXPLORE- CANDLE PATTERN then search the different candle patterns and it has dates that the signal alerted on, lots of miners showing up this month.
SooEng iamiamOP: Thanks for reassurance. Today is a high tension day cos we are on the same side
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