Bullish Case: QLD's upward trajectory, recent acquisitions by Barclays, and overall trading above historical averages point to continued momentum, suggesting bullish outlook.


Bearish Case: Flat term structure, low trading volume percentile, and 1.1% recent price drop hint at potential market complacency, raising the specter of a correction.


Potential Outcomes: There's a 65% chance QLD maintains its uptrend, driven by market strength and recent investment activity. A 35% chance exists for a pullback due to low liquidity.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 03, 2024


ProShares Ultra QQQ Forecast

QLD        ProShares Ultra QQQ
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with QLD



QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (1.0)


AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (1.0)


VGT Forecast + Options Trading Strategies   VGT  Vanguard Information Technology (0.99)


USD Forecast + Options Trading Strategies   USD  ProShares Ultra Semiconductors (0.99)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.99)



Uncorrelated Stock Forecasts

Assets with little price relationship to QLD



AEP Forecast + Options Trading Strategies   AEP  American Electric Power (-0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.0)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (-0.0)


OPRA Forecast + Options Trading Strategies   OPRA  Opera (0.0)


PCG Forecast + Options Trading Strategies   PCG  PG&E (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against QLD



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.96)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.96)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.99)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.99)


QLD News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






Become a more profitable investor with AI optimized trading strategies






×

Chat with QLD


 Ask any question about QLD!