TQQQ Previous TQQQ prediction of a $71 retest still holds—expecting it to hit within April. That said, this isn’t us betting on a full bull run, just a short-term volatility play for profit.
NDX For the first time since 2008, the Dow/gold ratio has fallen below the levels of 2016 and 2020. We can’t rule out the possibility that the NDX might gradually reach 12,000 in a volatile market, which could be its true bottom. Currently, we lean toward a long-term bullish outlook on gold and a long-term bearish view on stock indices. That said, we won’t miss out on profiting from the rebounds in this choppy market.
TQQQ This volatile market is really favoring us retail investors. From yesterday’s $67 leveraged short, we’ve already locked in huge profits and hit our take-profit levels. For now, we’re mostly sticking to short-term trades, while keeping a small portion of long positions untouched. Still, we can’t rule out a crazy surge anytime soon. Wishing all the bulls and bears out there good luck!
TQQQ The $67 retest target was hit, somewhat surprisingly and luckily, but we still think this rebound lacks any real technical support. We’ve doubled down on our leveraged short position today
TQQQ Triggered $63 for the 2nd time in the same day, made another 5% profit. Just trading between 60 and 63 since last Friday has already netted a total of 15% gain. Not planning on a 4th round though—this time might not be so easy. Switched to a leveraged put option. Good luck to everyone!
TQQQ Today’s $63 stop-loss got triggered again, locked in a second 5% profit, not bad! We’re back in at around $60. Short-term leveraged trading in this market is honestly pretty fun
TQQQ As mentioned last time about pushing up the take-profit, after the $63 stop-loss was triggered and we exited, we’re now re-entering the position. Our predicted rebound profit target remains unchanged at $67