First, here's SQQQ vs. the 3x long QQQ, TQQQ and QQQ itself.
QQQ 1 min has a small EOD positive divegrence, but nothing beyond.
TQQQ 3x long QQQ is nearly perfectly in line today.
SQQQ 1 min is leading positive. This is the position I like long, 3X short QQQ
As I said, beyond the 1 min chart, there's nothing in QQQ as the 2 min is deeply leading negative ironically right where I wanted to see this kind of short term signal.
TQQQ confirms with the same
SQQQ confirms with the opposite leading positive.
QQQ 10 min leading negative in the cycle since the 12/12 forecast.
TQQQ 10 min also leading negative
While SQQQ's 10 min is leading positive
QQQ 60 min, the larger picture or highest probability outcome is leading negative badly.
As is TQQQ
While SQQQ is leading positive in a big way.
The other 3x inverse ETFs look very similar to SQQQ, that would be 3x short IWM/SRTY and 3x short SPY/SPXU with confirming signals in the 3x long ETFs as well as the underlying.
Again, if I have room, I'll bring SQQQ up to a full size core short position (long SQQQ).
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