Back

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%).


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


April 10, 2024


ProShares UltraPro Short QQQ Forecast

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






Correlated Stock Forecasts

Assets that tend to move strongly with SQQQ



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 (0.98)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (0.96)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (0.94)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to SQQQ



BA Forecast + Options Trading Strategies   [BA]  Boeing (0.0)


PAX Forecast + Options Trading Strategies   [PAX]  Patria Investments Ltd (0.0)


GTN Forecast + Options Trading Strategies   [GTN]  Gray Television (0.01)


HPQ Forecast + Options Trading Strategies   [HPQ]  HP (0.01)


IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SQQQ



QLD Forecast + Options Trading Strategies   [QLD]  ProShares Ultra QQQ (-0.99)


SPYG Forecast + Options Trading Strategies   [SPYG]  SPDR Portfolio S&P 500 Growth (-0.99)


AIQ Forecast + Options Trading Strategies   [AIQ]  Global X Funds - Global X Artificial Intelligence & Technology (-0.99)


FNGS Forecast + Options Trading Strategies   [FNGS]  Bank of Montreal - ZC SP ETN REDEEM 08/01/2038 USD 50 (-0.99)


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





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!