Bullish Case: Increasing hedge fund interest and market signals suggest SQQQ could benefit from a near-term tech pullback or Nasdaq-100 downturn.


Bearish Case: Nasdaq-100's prevalent strength may continue, pressuring SQQQ lower, especially if positive sentiment sustains near-term.


Potential Outcomes:

1. Tech sell-off prompts SQQQ rise (40%).

2. Nasdaq-100 strength suppresses SQQQ (50%).

3. Sideways market keeps SQQQ flat (10%).


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April 10, 2024


ProShares UltraPro Short QQQ Forecast

SQQQ        ProShares UltraPro Short QQQ
Price Forecast: BEARISH    Price Action: RANDOM (?)











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