I recently closed out my SQQQ position. I walked away with a 12% gain in three days. Could it have been more, of course. The market started to bounce and I was giving back my gains, then I remembered...

Pigs get Slaughtered

As you can see the Nasdaq is coming into it's trend line support, I am going to sleep on this one and trade it. We could be setting up one heck of a squeeze or we could be walking off a cliff to the 12,000 area.
Bearish PatternsBullish PatternsnasdaqSQQQTrend Analysis

Penafian