Aug. 3 at 9:46 AM
$SQQQ This is the first time since May that QQQ has closed below the D-EMA20 line. I see this as a signal for a pullback. Last Friday my sell was at 19.08-19.66 and my buy was at 19.07, a 3% discount from the final sell price.
The next sell range is 20.07-21.3. This is only possible if QQQ pulls back to D-EMA60/538.48.
My auto trading unit is set to 1.5%.
$TQQQ begins buying at 80.63, with full-scale accumulation starting at 77.06, which is the QQQ D-EMA60 line. My goal for Q3 is to focus on the transition from SQQQ to TQQQ. My goal is to somehow return to 3xbull in Q3. In my personal opinion, it's highly unlikely we'll see the vertical rise seen from April to July again this year. I expect the second half of the year to likely feature a zigzag pattern. The stock market, which moves in a zigzag pattern, is quite boring, but it has the advantage of being able to consistently repeat bull:bear and bear:bull trades.
