Buy $QID - NRPicks 11 Jun

The 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

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July 06