Bryant GA
commented on a stock · Apr 3, 2023 02:54
From October 2022, the monthly moving average trend diverges...
From October 2022, the monthly moving average trend diverges downwards to suppress the stock price decline 📉 trend. So, starting from October 2022, if you always want to short the US large cap market with Soxs or $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ it is very easy to lose money and also easy to miss the opportunity of the large cap market going up. The daily, weekly, and monthly charts all show a bearish divergence indicating a downward 📉 trend.
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梵心说能量H2399931 : When can I go short?
sTone83 : Dude, don't use technical analysis for triple ETFs; it almost doesn't work; it would be more worthwhile to analyze QQQ or SOXX