maximus189

TQQQ 7/20 trend analysis

Short
NASDAQ:TQQQ   ProShares UltraPro QQQ
TBased on the trend of TQQQ you can expect on 7/20 that the ETF will go down to 111 levels. That's when the Nasdaq 100 reaches a level of support for the short term if the trend holds. I'm calling 111 for 7/20 with a possibility of going down as far as 110.5. This may be a chance to take a risky short in the current uptrend of the Nasdaq 100 but this is where it starts to get a little flat to down for the week.
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