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TQQQ & SQQQ (NASDAQ) August 30 2020 Forecast Probability / Technical Analysis and Trade Ideas

Traders Graphics · 2020-08-30 · 유튜브 시청 365 · 게시판 조회 8 · 외국인

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a technical analysis for tqq on friday closed above one point six we see slight signs of a converging we have not reached overbought on the rsi yet and we see the 50 moving average acting as our support as indicated back on tuesday as well on thursday as for the 4-hour chart if we expand that further we start to see a divergence on the former macd and we're quite near overbought on the rsi if we expand out onto daily chart what we see here is we have now reached to overbought on the rsi and we see no signs of the daily macd diverging so that is paul's sign that there is still a lot of upward momentum so there is a good chance that the upboard momento will stay intact for a while and for my long entry onto 38 dollars and 28 67 dollars and 74 cents that is a range right there and my stop loss will be 128 129.4 back to august 7th 250 we have a 50 percent chance for tqq to climb between zero to 19 percent and to downsize a 29 21 chance to fall between negative 19 percent to negative 38 .7 slight signs of the macd still negative to territory starting to diverge as for the forward chart what we have here we see the opposite happening we see it converging however we're still in oversold territory if we expand that further onto daily chart we see the opposite of what we saw in tqq as it is in inverse so we see my entry will be 19.16 and my cell target will be 23.15 levels 8 and two cents this range righ six en percent on the extreme case we have eigh a nine percent chance to fall between negative twenty percent to negative thirty one percent

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