$ProShares UltraPro Short QQQ(SQQQ)$ Here is the next setup before a potential upside continuation, viewed from the 1 minute time frame. Buyers stepped in at the VWAP as the 34.50 level held. The plan for this setup was to wait for a pullback to VWAP after a strong positive reaction at the key 34.50 area, and that pullback showed up. The hourly chart remains strong and still supports the upside move as price approaches the next targets of 35.00 and 35.10+.
It mainly needed a little more time and patience.
$ProShares UltraPro QQQ(TQQQ)$ $Invesco QQQ(QQQ)$ NQ_F
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.
