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TQQQ & SQQQ (NASDAQ) October 18 2020 Forecast Probability / Technical Analysis and Trade Ideas

Traders Graphics · 2020-10-18 · 유튜브 시청 261 · Board Views 8 · International

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.5 saw a divergence since then and we have yet to test the 200 moving average this green line as our next temporary support at the price of 142 dollars and six cents if we expand that to the four hour chart we are still approaching negative macd territory and we're currently t the price of 144 dollars and 62 cents that will be our temporary support as for the daily chart if we expand that once more we have reached two positive macd and we're seeing slight signs of a diverging at the moment back in october 15 and that will be our temporary support there as well at the price of my entry will be at 58 131.58 which is this range right here and for my cell target will be 151 dollars and 35 dollars and 91 cents so for sqq on friday it closed above 1.5 with the rsi and if we expand that to the for our chart we are still approaching to pos macd after being oversold on the rsi back in october 12 and as we didn't make the all-time lows back in october 12th so my position for the week for sqq will be my long entry will be at 18.9ed time loads back in october 12th as for my cell target that will be 21.88 cents and that is this range and that will coincide where we had the gap down between october 9th and october 12th and as for my stop loss i'll be 17.95 for tqq is a leveraged version of qqq and as for sqq that will be the leverage invers nasdaq to climb between five percent to nine percent and we have a 38 chance for nasdaq to decline between zero to five percent and to the downside we have a 46 chance for it to fall between zero to negative five oint thre

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