Identifying Reversals Using Leveraged ETFs
Portfolio Pulse from Volumeleaders.com
The article discusses the use of leveraged ETFs to identify potential reversals in the market. It highlights the trading patterns of institutions using leveraged ETFs such as TQQQ and SQQQ, which are 3x leveraged against QQQ. The author suggests that recent large trades in QQQ, TQQQ, and SQQQ indicate a potential bullish reversal for QQQ in the short term.
October 02, 2023 | 5:21 pm
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POSITIVE IMPACT
Large trades in QQQ and related leveraged ETFs suggest a potential bullish reversal in the short term.
The author of the article has observed a pattern in institutional trading of leveraged ETFs. Recent large trades in QQQ, TQQQ, and SQQQ suggest that institutions are positioning for a bullish reversal in QQQ.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Large trades in SQQQ suggest institutions are positioning for a bullish reversal in QQQ.
SQQQ is a 3x inverse leveraged ETF against QQQ. Large trades in SQQQ suggest that institutions are expecting a significant move in QQQ.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Large trades in TQQQ suggest institutions are positioning for a bullish reversal in QQQ.
TQQQ is a 3x leveraged ETF against QQQ. Large trades in TQQQ suggest that institutions are expecting a significant move in QQQ.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80