SQQQ down 7.5%, but turnover is only about 14 million—this breakdown is volume-driven, but panic hasn’t truly arrived yet. 37.14 is sitting right on the lows; that doesn’t mean it’s a bottom.
Short-term follow-up: enter at 37.1, SL at 38.2, take profit around 36.8. If it breaks 36.6, add more.
This isn’t the time to bottom-fish—this volume suggests the selloff hasn’t fully exhausted. Like my call and see you in the comments.
#SQQQ
Short-term follow-up: enter at 37.1, SL at 38.2, take profit around 36.8. If it breaks 36.6, add more.
This isn’t the time to bottom-fish—this volume suggests the selloff hasn’t fully exhausted. Like my call and see you in the comments.
#SQQQ