The Santa rally came on the new year.

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SQQQ I was waiting and waiting on this one and we all knew it was going to come and it finally did.
My last charts are now useless now that they did a reverse split on the thing 5:1.
Well if they did not do that then it would have dropped past a buck and been delisted eventually so they had no choice.
Maybe I am a broken clock who is right twice a year but I will chalk this one up asa win.
A 45% gain in 16 trading days is pretty amazing for SQQQ - I usually expect a win of 7% or maybe 12% but 45% is unreal.

Penafian

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