SQQQ/ Nasdaq 100 Short ETF Breakout (As Discussed Previously)
SQQQ, Triple Short Nasdaq 100 ETF, Broke out Sharply to the Upside
Above 13.36 Buy Stop in trading on 7/30, as discussed previously in my 7/28 post.
( See Chart )
Continue to hold on any afternoon pullback with 12.86 STOP , adding to short position.
Nasdaq 100 Decline has just begun and is "waterfall" in nature.
Sharp snap back-counter trend rallies in NDX should exhaust themselves, until downtrend is reversed.
THE_UNWIND
Above 13.36 Buy Stop in trading on 7/30, as discussed previously in my 7/28 post.
( See Chart )
Continue to hold on any afternoon pullback with 12.86 STOP , adding to short position.
Nasdaq 100 Decline has just begun and is "waterfall" in nature.
Sharp snap back-counter trend rallies in NDX should exhaust themselves, until downtrend is reversed.
THE_UNWIND