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.
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%
Government155.34%
Cash−55.34%
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.
SQQQ I It will decline from top of the resistance channel
Welcome back! Let me know your thoughts in the comments!
** SQQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Inverse Head & Shoulders on SQQQIf the equity markets suffer another decline, SQQQ may have developed an inverse head & shoulders formation here. I have noted the target and we will watch to see if it develops.
SQQQ long I had a recent success with a small trade, and i think this going alot higher.
what do you think?
Beware the splits on proshares etfs, a friend reminded.
ty! @Nicklaus68 /cheers!
ps i am buying calls also
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Displays a symbol's price movements over previous years to identify recurring trends.