SQQQ Montly between 26-39$ still a tech bubble that didnt poped

12 sept. 2020

my predictions are the worst, dont follow them.

We've been under the green lower channel and Montly shows that when the market drops, the upper channel is a target.
So you have to understand that a worst scenario for Nasdaq is SQQQ at 70-80$, and still, that would be a sustainable point, we easily went there many times in the last ten years and sentiment was very good and smooth

so Upper channel isn't apocalypse, its just the worst it went during a bull market that last for 15 years

now imagine if its a real recession, a real bubble that pops, and look at 2001 and 2008

that would be much more over the upper channel

SQQQ at 26$ is short term confortable, at 39$, that when economy has some range on the interest rates and no covid

under 39 its a bubble

between 39 and 80$, thats covid wave #2

Over 80$ its the results of two waves on the economy and Trump in prison.

6 janv. 2022

Note

well you know, this is humbling
i still want to buy some seeing this