Ticker: Tqqq
• Seasonality PRE ELECTION YEARS July 28th – Aug 25th (Avg return -8.45% )
• SMC
Long term market structure: Bullish
Short Term market structure: Bullish
Bullish order block: $42-$43
Bearish order block: $45.41- $45.74
Breaker Block: $43.84 - $44.10
Imbalances: Upper $46.21 - $45.70 Lower $43.01- $44.59
Bearish CHOCH: $42.44
IDM sweep: yes @ $42.51
Next BOS: $45.72
• Elliot wave: ABC Flat correction
• Price Action
Support: $44.84 AND $43.89
Resistance: $46.57 AND $46.13
Summary: As for now nothing is screaming short besides stocks being overbought on multiple time frames, yes u can short here and get lucky and catch a good drop but that’s pretty much gambling, if you do it here you will do it on every pullback and not be so lucky, go with the trend.
• Seasonality PRE ELECTION YEARS July 28th – Aug 25th (Avg return -8.45% )
• SMC
Long term market structure: Bullish
Short Term market structure: Bullish
Bullish order block: $42-$43
Bearish order block: $45.41- $45.74
Breaker Block: $43.84 - $44.10
Imbalances: Upper $46.21 - $45.70 Lower $43.01- $44.59
Bearish CHOCH: $42.44
IDM sweep: yes @ $42.51
Next BOS: $45.72
• Elliot wave: ABC Flat correction
• Price Action
Support: $44.84 AND $43.89
Resistance: $46.57 AND $46.13
Summary: As for now nothing is screaming short besides stocks being overbought on multiple time frames, yes u can short here and get lucky and catch a good drop but that’s pretty much gambling, if you do it here you will do it on every pullback and not be so lucky, go with the trend.
Nota
warning bulls we have hit this support multiple times. use caution 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.