QID trade ideas
ProShares UltraShort QQQ. Is The US market crash coming ? Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourth type is the 1919, 1929, 1999 and 2008 scenario that people generally refer to as a “crash” 2022 a new one ?
Sincereley L.E.D In Spain 14/05/2022
Buy $QID - NRPicks 09 Julthe fund invests in financial instruments that ProShare Advisors believes, in combination, should produce consistent daily inverse returns to the QQQ ETF . The index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market by market capitalization.
The indexes have been making all-time highs, so the strategy chases a potential market correction and the $QID ETF is an attractive instrument below $20.
Buy $QID - NRPicks 11 JunThe fund invests in financial instruments that ProShare Advisors believes, in combination, should produce consistent daily returns inverse to the QQQ ETF. The index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market on a market capitalization basis.
The indexes have been making all-time highs, so the strategy is chasing a potential market correction and the $QID ETF is an attractive instrument below $22.
Oversold RSI levels.
Average volume 4M
Buy $QID - NRPicks 23 AbrProShares UltraShort QQQ is an ETF that corresponds to twice the inverse (-2x) of the daily performance of the NASDAQ100 index, an index that includes 100 of the largest national and international non-financial companies that are listed on the Nasdaq stock market based on capitalization stock market.
The market during the first days of the week showed signs of a correction, however, the indices are still very close to their all-time highs, a psychologically important level.
We consider it a good investment to enter a 2x Inverse of the QQQ index aiming for it to decline after registering a new high that is below 1%.
- RSI oversold
- 5M average volume
QID - Buying a little protection Will this market ever have a pullback? Not sure what it will take to have one, but it seems the majority of charts look broken and are turning bearish in imo (except for Chinese). With earnings out of the way, I'm going long QID of the Daily MA with stop near the low, and price target near 18.80