Buying TQQQ now

Discussion in 'ETFs' started by Junkou, Nov 21, 2018.

  1. Junkou

    Junkou

    Now trading actively with intraday models (Still NOT day trading).
    tqqq20181121.png
     
    shatteredx likes this.
  2. Here4money

    Here4money

    I kept buying TQQQ on it's way down :(. Still loaded up Wednesday pre-market but the market was tepid.....don't know if Friday will be any different.
     
  3. The day after Thanksgiving is often hard...I would not try to catch that falling knife and wait for a confirmation...
     
    murray t turtle likes this.
  4. Here4money

    Here4money

  5. Junkou

    Junkou

    The rest of November should be good. There are big flow from pension funds as they have to buy into equities to maintain the allocation ratio.
     
    murray t turtle likes this.
  6. Here4money

    Here4money

    futures say it's gonna be red for the nasdaq so far....still your model shows long?
     
  7. Junkou

    Junkou

    yes, both daily model and intraday model point to UP. Furthermore, the model score goes up to 1 from negative. Rally is on the way.
     
    murray t turtle and shatteredx like this.
  8. Overnight

    Overnight

    Might want to hedge it...
     
  9. So far so good. Entry was close enough for government work!
     
  10. Junkou

    Junkou

    Hope everyone see my words in the previous post.
    IMG_4705.PNG
    IMG_4706.PNG
     
    #10     Nov 28, 2018