$ProShares UltraPro Short QQQ(SQQQ)$ Here's the next setup before upside continuation, from a 3-minute perspective. We had a strong break of the critical liquidity level at 36.70, following through toward price targets 37.33 and 37.57+. Notice the significant increase in buying pressure at the open. It's no surprise we're getting a relief rally today after yesterday's big premarket gap down.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments