How I find Bullish trend for TQQQ, SOXL and SOXX [Data collected up to 04 June]
@nerdbull1669:
I have done a simple chart for $Nasdaq100 Bull 3X ETF(TQQQ)$ $Semiconductor Bull 3X Shares(SOXL)$ and $iShares Semiconductor ETF(SOXX)$ using simple programming to see the Bull and Bear trends with SMA50 and SMA200. This is the data that I have fetched and use over 600 trading days. Nasdaq 100 Bull 3X ETF (TQQQ) If we look at the trading over 600 days, we will notice that once TQQQ begin its Bull rally and when that rally start to fade, it will turn to Bear and have not returned until recently. Actually we can see the pattern pretty clearly by observing the SMA50 and SMA200. If TQQQ is above both SMA50 and SMA200, it shall stay pretty well in Bull trend. But once