TQQQ Long term bearish outlook

8 Oca 2022

!! Not a Financial Advice !!

I hate to say this, but to my limited understanding, TQQQ and QQQ might be long term bearish.

I think we are going to form the right shoulder. I have long positions and I pray for dear lord of stonks that we can see $165+ again so I can pull out :))

FIB Extension also confirms this.

What is your opinion? Please let me know in the comments!

10 Oca 2022

Not

Exactly as predicted with a good bounce on 0.236FIB. I think Wednsday's CPI report by FEB will have a great effcect on TQQQ coming down to weekly support or even break under it.