buy sqqq 3x nasdaq etf to hedge your long portfolio or as a specbuying the sqqq which is actually getting short the nasdaq mkt. the mkt is over done and due for a significant pullback, i see the naz possibly dropping by 5 % by the end of december
Key stats
About ProShares UltraPro Short QQQ
Expense ratio
0.95%
Home page
Inception date
Feb 9, 2010
SQQQ is an aggressive take on the large-cap space by providing geared inverse (-3x) exposure to the NASDAQ-100 index an index of 100 tech-heavy firms listed on NASDAQ that excludes financials. To provide this exposure, the fund uses swaps on the popular NASDAQ-100 ETF (QQQ), swaps on the index itself, and futures. As with most inverse and leveraged products, SQQQ is designed to provide this exposure on a daily basis, not over long time horizons. Holding the fund for longer than a day opens the door to the effects of compounding on returns and will be unlikely to realize the stated -3x inverse exposure over time especially in volatile markets.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government185.38%
Cash−85.38%
SQQQ WEEK OF 11/18/24SQQQ WEEK OF 11/18/24
To maintain simplicity, once the price moves beyond the WHITE range, monitor for a potential retest of the breached level.
Be prepared to initiate long or short positions targeting the YELLOW ranges. While prices may surpass the YELLOW range targets, these levels provide a ro
SQQQ IPCIt is very likely that it will reach the first line, and if it continues with strength and based on some indicators, it may reach the second line.
Just in caseI'm accumulating this, I feel a hard corrections is coming. If it drops I'll buy more. I need some hedge on my portfolio.
New Setup: SQQQSQQQ: I have a green setup signal(dot Indictor). I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it(TP). This is going to be a small position d
SQQQ going higher 10.3 Will beat the opening high. By EOD target set. Using TPO numerology and Fibbs
MARKET RED OCTOBER SQQQ is great pricing. You can see downside target before buying sqqq calls again. Watch for confirmation. Fractals are never exact so pay attention to levels but market will go lower.
TUES 10.1.2024 SQQQ DOWN QQQ UPI have TUES as a GREEN day. We are in an air sign until end of OCTOBER so it's smart to get in and out of a very choppy market for these few weeks. I have marked with my dotted white line the next level of liquidity it might seek. Wait on confirmation before entering any trade. At some point thi
Double BottomThis is it folks. I am calling the start of the bear market today. This is the final blow off top with the reaction to the Chinese Govt plan to save their economy. A major offensive to save an economy ALLWAYS is a sign of desperation and failure. We are looking at a world wide economic crash over th
SQQQ TUE:WED 18th liquid clear You can see the liquid it’s after. I’m not expecting a rate cut either tomorrow by any means. Inflation will continue higher along with the market.
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Displays a symbol's price movements over previous years to identify recurring trends.