ProShares Ultra QQQUpdated QLD - QQQ - NASDAQ LONG
The asset is apparently forming a symmetrical triangle, and perhaps it is forming a shark pattern. This corresponds to the "January rally" (a seasonal trend) and the elevation of the projection in the shark pattern corresponds to 1.6 fibo. So it is very likely to be long in the next few weeks. Too good to be real, then only long to fibo 1.27... Happy pips
Note
oops, jeje
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.