Long SQQQ @ $32.50
As we come to a crossroads between a banking crisis, debt crisis and other catastrophic financial and geo-political events going on, SQQQ has set a new yearly low. I have sold my TQQQ and will start accumulating SQQQ at this price.
Our CM_Williams_Vix_Fix Finds Market Bottoms indicator is signaling a heavy floor in this area.
We just broke up from underneath our Keltner Channel, which is a sign of a potential reversal.
With SQQQ's lowest low being around 28.00 there is only so much support under us, but I do believe this is a good time to accumulate.
Our momentum indicators are showing a slowed movement in SQQQ's price move downward.
While the markets are extremely bullish right now, what goes up must come down. I believe this large pump is all a facade and we're going to see a turning point soon.
Conversely TQQQ is double topping and momentum indicators are showing a slower movement in trading momentum and volume.
We'll check back in as soon as we see this play out!
Our CM_Williams_Vix_Fix Finds Market Bottoms indicator is signaling a heavy floor in this area.
We just broke up from underneath our Keltner Channel, which is a sign of a potential reversal.
With SQQQ's lowest low being around 28.00 there is only so much support under us, but I do believe this is a good time to accumulate.
Our momentum indicators are showing a slowed movement in SQQQ's price move downward.
While the markets are extremely bullish right now, what goes up must come down. I believe this large pump is all a facade and we're going to see a turning point soon.
Conversely TQQQ is double topping and momentum indicators are showing a slower movement in trading momentum and volume.
We'll check back in as soon as we see this play out!
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