$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ NQ Bearish 4Hr ...
NQ Bearish 4Hr Macd Divergence
Waiting Macd Cross Down (Red)
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骠悍勇敢的尤利塞斯 : time to buy ? reached strong supporting already![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102779741 OP 骠悍勇敢的尤利塞斯 : No. Not suggesting yet.
Looking to close upper gap.
It can go both ways.
But it might pullback to $8.8-$9.
And continue lower-$7
Long Term: So long 2 year and 10 year yield continues, the un-inversion, nothing good will come out.
The faster Fed cuts, more downside to come.
This is looking more like 1989-1990
Either way:
Fed cut 0.25, something has to break along the way
Fed cut 0.5, the shit happens right away
骠悍勇敢的尤利塞斯 102779741 OP : probably just buy a small amount like $1000 and wait![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
but not sure what Powell will announce again... gold price new high...
102779741 OP 骠悍勇敢的尤利塞斯 : I doubt anything bad.
Been too dovish since last year.
He might trigger a high in qqq.
I feel he is in big trouble trying to juggle cutting rates and inflation.
I don’t believe in any soft landing that media has been portraying. There is no way to juggle delayed data and the effects of rate cut.
Dollar is bearish and continue to be if rate is cut while is gold going higher due to the debt problem US is facing.