TQQQ Exhibits consistently logarithmic recovery slope
For some fundamental reason, if you put TQQQ on a logarithmic scale, its recent recovery periods become very linear with nearly the exact same slopes. To some extent, it seems like a decent barometer to identify under and overvaluations.
Related publications
Disclaimer
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.