The chart shows there is still room for a 15% drop in TQQQ (about a -5% move on the QQQ's). Either prices this move tomorrow before the FOMC, or I think we might see the drop after the interest rates are raised.
Target is 20.49
The market is trending up overnight, so if it is retracing to the next Fib level, look for a potential reverse.
Target is 20.49
The market is trending up overnight, so if it is retracing to the next Fib level, look for a potential reverse.
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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.