ProShares UltraPro QQQ

TQQQ Direction?

229
Shorted TQQQ down from 60s into the 40s, has followed chart closely and is testing support at 47.5. Oversold on 1hr, 4hr, and Daily timeframes indicate a strong possibility for a bounce. I don't recommend trading within the 42-47 price range as action in that range will likely be determined by algorithms and new headlines. If 42 support is broken potential short opportunity to 33

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