jessyfuchs

SQQQ Weekly follow channel since beginning of ETF

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NASDAQ:SQQQ   ProShares UltraPro Short QQQ
its hard to chart this one long term
but weekly and log you can manage to see it follows a parallel channel
in the middle you have gann fan
and it bounces on these
now we are on the down channel
plus under gann fan
next step is following the channel sliding slowly like i often does towards a eventual 7$ lets say fed prints and everybody in florida acting like their is no virus doesn't star the second wave of transmission
or the cluster f$%?& comes, frogs raining from the sky and we go back to upper channel
witch means over 18$ in a pretty short amount of time
im bias
im usually wrong
have fun

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