ProShares Short QQQ New (PSQ) Options

Loading $40.33 and lower

Sold $43.48
Rate cut BS will create an opportunity in the days to come.
Blessings

$43.34 filled

$43.43 loaded

Loading! $43.48

Guess who owns this and SKRE?
Yep… the markets are in precarious conditions.
No koolaid holders will be happy this week.

Gl

Amen, Brother. Blessings

It is only going to get better for those that have eyes that see ears that hear.
Blessings of Christ Jesus!



Nasdaq falls 10% from record high
Reuters 2024-08-02T09:36:00-04:00
(Reuters) - The Nasdaq Composite index fell 2.2% on Friday, putting it on track to confirm it is in a correction following concerns about pricey Big Tech valuations and a cooling economy.

Hit by softer-than-expected job reports and disappointing forecasts from Amazon and Intel, the Nadsaq's latest decline leaves it down 10.2% from its record high close of 18,647.45 points on July 10.

The Nasdaq 100 index was also on track to confirm a correction territory from its all-time closing high of 20,675.38 points.

An index or stock is widely considered to be in a correction, signaling investor pessimism, when it closes 10% or more below its previous record closing high.

The Nasdaq's recent selloff comes on the back of investors selling Wall Street's heavyweight stocks after lackluster results from Tesla and Alphabet compounded investor worries about stretched valuations and concerns that a rally fueled by optimism about the AI technology may have become overextended.

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=PSQ&insttype=Fund

$42.63
Keep on coming down!

This is going to be epic!
Card houses and broken smoken mirrors everywhere! Just starting.

$44.80 filled

$45.80

$45.90 filled

Loading again!

Blessings of Christ this most excellent week end!
Exalted name of Yahusha

Selling 47.05

Almost all gone… I hope it drops again before the “big one”

This has worked out nicely!

Getting paid. The market is The House of cards.
Smoke and mirrors!
Run!

Forgot about the 6% yield for the BRAVE!
$$

Folks are feeling very uncertain. How long will the banks be able to fake it?
The “gov”
The “fed”
The “irs”
The “cia’fbi’cfr’who’wef’etc lucifers final- Is. Ch 14

That might have seemed insensitive to some, I intended the FACT that all this “news’, we were warned about already.
Did you listen?
Then good times are Gospel

Yep!
$$ good times coming! $$

It’s been stressful building this amazing project. Looks like it’s finally over the hump and easy travels now.
The whole market is a ugly card house!

Is the party started yet?

but the chart of the QQQ is kind of scary to look at in terms of committing new capital to it at these levels. the run up just in the past 12 months is insane

I've been long QQQ in my kids' accounts for more than a decade. I leave "trading" to our many local gambling addicts.

might be a good quick scalp play here again

I'll take that risk here.

10% downside is $18 and we all know the market isn't going up 10% from here any time soon so I have dry powder for PSQ at $19, $18 and $15-$16 which will be great buys.

Also long SPY since 235-265
Long QQQ at 205-215

Also short SPY.

I'm everywhere

Was your "target" to lose money? LOL!

Just bougth the PSQ's as a backup/insurance.

Watching.

I can't believe more of these nerds are not buying this.

PSQ

Target hit

Looking good

Looking good

Looking for a day 2

16.60+ first target

Nasdaq in a pullback

Watching...,

16812
16563
16434

Worse case scenario. But each dip gets bought. The market wants to go higher. 18k

VIX may see 15 but I don't think any higher near term. Markets are still stable despite all the hysteria people think is out there.

Due for a bounce, futures ugly...

Let's get some follow through.

Sweet!!

Starting to come to life....

21.23 boom

Man, today a total reversal. Yellin speaks tomorrow, maybe a game changer, again...

A Lot of bounces short lived. A lot of indices broken. Does this double bottom at 17.50 or does it begin to break away. This week is huge. Both of my systems saying different things....

This will be a great play once the right shoulder is confirmed, still waiting...

head and shoulders in the Nasdaq. So a measured move to 3500. Will take a few more weeks, maybe 2.

21$ coming before bigger movement.

3 more weeks of gains in the spx 1908 then some downside.

~ $PSQ ~ Possibly going long scan results (Daily and Weekly) for for the week of March 1st 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> PSQ <---
Keyword: MACDscan ----> http://tinyurl.com/MACDscan