I am on the defense in my trading account. I hold some SQQQ, a 3X leveraged ETF which is designed to rise three times as much as QQQ falls. It is the opposite of TQQQ which rises three times as much as QQQ rises. I noted last post that in the past few years 40%
Price & volume resistance halt the recent rally in the QQQ
SPY and QQQ Midday Technical Analysis Update 9/6/23
Historical Events When Trend Following Wins Big: 500 Years of Financial History
TQQQ not 3x anymore since start of 2023 More like 2.8, or each
Blog Post: Day 44 of $QQQ short term up-trend; $QQQ has black dot
Blog Post: New $QQQ short term up-trend; GMI= 5 and remains on a
Historical Events When Trend Following Wins Big: 500 Years of Financial History
Blog Post: Day 5 of $QQQ short term down-trend; More US new lows
Moving Averages Month-End Preview: February 2024 - dshort
Moving Averages Month-End Preview: February 2024 - dshort