Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
ProShares UltraPro QQQ (GIF:TQQQ)
Strong Downtrend (-100) - TQQQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TQQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for TQQQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TQQQ
The long-term trend has been DOWN since Jan 21st, 2021 at 113.61
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 90.57
The short-term trend has been DOWN since Feb 17th, 2021 at 106.15
Smart Scan Analysis for TQQQ
Based on our trend formula, TQQQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).