%% Strange; i've mde more per week on qqq/QLD . On 52 weeks/tqqq will not know 'till DEC31.............................2020
NOT a prediction; looks like QQQ goes up this week/50dma; SDOW still looks like weekly chart may close up again/it only lacked$ 00.07 closing up last week.............................................................................................................
Right.... resistance SQQQ is 29ish, gotta remember to trail close stop. Market down means trump under pressure to negotiate with Pelosi re stim plan soon so that may rally markets tomorrow or Wednesday, dropping SQQQ. Note to self WAIT til unrealized PnL green at least a few k before scaling in. Have to resist buying these premkt if gap up tomorrow
SDOW still looks good on weekly/considered buying some today; but even SDOW outperforms SPXS. I prefer liquidity of SPXS/ but easier to figure SPXS with UPRO/SPXL. I was looking @ weekly chart on WSJ, DOW,SPY,NasdaQ on the turn around week last week of 2018/20191st week[ Christmas eve week] Requardless of market move$ I don't think there will be ANY gov give way before election. MY SPXS order sat there half an hour today; so I raised my limit price a bit, + got filled /LOL. NOT real bearish but have enough UPRO/SPXL.........................................................................................
Good points, I bought SPXS SDOW TZA UVXY SRTY SQQQ this morning in case market drops. Daytraded SQQQ, 1 stop 1 win. Choppy af S&P since street waiting for stim news. Put in tight lod stops on inverses in case market rallies on stim news