A quick look into Leveraged ETF's and interest ratesA quick look into Leveraged ETF's and interest rates
Key stats
About ProShares Ultra QQQ
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
QLD is a leveraged product and not a buy-and-hold ETF. The fund should only be used as a short-term tactical instrument. Like many leveraged funds, it delivers 2x exposure only over a one-day holding period. QLD should not be expected to provide index leverage returns greater than a one-day period. Over longer periods, returns can vary significantly from 2x the NASDAQ-100, a quirky but popular index dominated by technology stocks. As such, QLDs fate is closely tied to the technology market and, consequently, its a poor proxy for the broader US large-cap market. The underlying index is rebalanced quarterly and reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Government
Stock breakdown by region
QLD Entry, Volume, Target, StopEntry: with price above 70.74
Volume: with volume greater than 4.92M
Target: 83.41 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 70.41, 58.90 gets you 2/1 Reward to Risk Ratio.
A Simple Method Of Evaluating Trade Setups For Everyone - IIIMore examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols.
In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important t
QLD - QQQ - NASDAQ LONGThe 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 g
QLD with Super TrendSuper Trend with confirmation using MACD works. This is back tested and works much better than buy and hold.
QLD - bullish count for the NasdaqI don't know.....lots of things out there that could end this count in a moment but could this bullish count be worth something?
Swing Trade Update - Nasdaq100 Index ETF(QLD)- A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 82.75
Key reversal triggered, exit at market on open.
- Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)- A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 82.75
Stop Loss @ 80.83
Take Profit @ 105.23
- Stop loss and take profit orders are adjusted daily.
- Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 87.78
Stop Loss @ 87.78
Take Profit @ 104.76
Stop loss and take profit orders are adjusted daily.
Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 87.57
Stop Loss @ 87.57
Take Profit @ 105.98
Stop loss and take profit orders are adjusted daily.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.