SamSuka
The Long Investor
The Long Investor

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$SQQQ - RC -

I last uploaded the $SQQQ *ultra short QQQ ETF on the 26th of October, when the market was looking bleak and we went through this chart (attached) and it also showed that the $SQQQ was in a bearish channel and a break down would be likely.

Which also lead us to continue our belief that the $QQQ would continue higher with the seasonality chart.

Both turned out to be true.

The $SQQQ did break down out of the bearish channel and is moving down nicely.

When the $QQQ does top out.....this might be work looking at.

$SQQQ - RC - $SQQQ - RC -

Comments

Can you please expand this chart for a long term like you made SPY for 10 years

Baktash Azizi

I think the risk is too high to add SOXS, its more of a gamble

Gareth Neary

Would you enter Soxs here close to nvda topping

TSS


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