$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ will tonight be...
will tonight be the same as last night.
Pre mkt - Down
Trading hour - Up
Hold your ground. Mkt expect too much from Powell & Fed. Big disappointment tonight?
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Daring Lu OP : DownSide is limited since mkt has priced in all the good news.
UpSite is huge since mkt didnt expect the unexpected.
Get ready for the roller coaster ride.
Daring Lu OP : Support @ $8.
Ceiling is @ 9 or more
Daring Lu OP : rebounding?
Investors to run if Fed news is positive.
US dollar is heading south.
Asia currencies appreciating.
Carry Trades to reverse.
Daring Lu OP : The economy is flashing a recession signal that's been seen only 4 times in the past century, veteran economist Steve Hanke says https://www.businessinsider.com/recession-outlook-hard-landing-economy-inflation-job-market-signal-slowdown-2024-8