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Index Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

ProShares UltraPro Short QQQ (GIF:SQQQ)

Crossroads (-60) - SQQQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SQQQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SQQQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_SQQQ
Open High Low SQQQ Price Change
18.2867 18.5297 17.6305 18.0305 +0.2238
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term up The long-term trend has been UP since Aug 18th, 2020 at 12.8860

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 18.9608

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 18.9479

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.2867 18.5297 17.6305 18.0305 +0.2238
Prev. Close Volume Bid Ask Time
23.5871 0 2020-11-30 12:29:09
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