anyone elses portfolio super down?

[gnosis12]

SOL mentioned that the weekly charts are taking the lead, on the weekly TQQQ and the Nasdaq looks pretty good. GOOGL also looks pretty strong on the weekly charts. So we will probably rally and then in 2022 the real correction will begin.

SOL when you have the time can you post an update on the weekly charts of TQQQ and maybe GOOGL

[SOL]

Weekly Chart of GOOGL


A weekly close above 2955 but preferably a monthly close above this level should push GOOGL to new highs. A move by GOOGL to new highs should trigger a strong move up in the Nasdaq and when that ends it should lead to a nice correction





The weekly chart of TQQQ

[Budge]

Weekly Chart of TQQQ


A weekly close above 2955 but preferably a monthly close above this level should push GOOGL to new highs. A move by GOOGL to new highs should trigger a strong move up in the Nasdaq and when that ends it should lead to a nice correction





The weekly chart of GOOGL

Sol, charts mislabeled. TQQQ is GOOGL and GOOGL is TQQQ.

IMO, TQQQ could drop to $130s and GOOGL as low as $2700.

[SOL]

Sol, charts mislabeled. TQQQ is GOOGL and GOOGL is TQQQ.

IMO, TQQQ could drop to $130s and GOOGL as low as $2700.
[/quote]

Fixed it. Anything is possible but both charts indicate that there is potentially one more leg up, albeit quite strong before the next crash/strong correction

[Centeron631]

Sol r u suggesting that both googl and Tqqq would be a buy at those prices - even tho on last update u have Tqqq a buy at max 126? anad u do not have googl as a buy right now. also what do u see exactly in the two chart that leans to one more run up? thks

[SOL]

Sol r u suggesting that both googl and Tqqq would be a buy at those prices - even tho on last update u have Tqqq a buy at max 126? anad u do not have googl as a buy right now. also what do u see exactly in the two chart that leans to one more run up? thks

These are suggestions for traders willing to take on extra risk. They are not official buys. Secondly by looking at proxies for indices and big-cap stocks we can get an idea of where the indices are headed. Other stocks that are oversold on the weekly chart are FB, AMD, and TSM

[Budge]

Sol, charts mislabeled. TQQQ is GOOGL and GOOGL is TQQQ.

IMO, TQQQ could drop to $130s and GOOGL as low as $2700.

Fixed it. Anything is possible but both charts indicate that there is potentially one more leg up, albeit quite strong before the next crash/strong correction
[/quote]

Bloodletting overnight. TQQQ low $145.5 and GOOGL $2751.54. Both look ok on quarterly but monthly and weekly ADX and MACD rolling over.

TQQQ on daily looks though it may bottom mid $140s unless ADX turns up.
GOOGL daily ADX turning up - lower to go. Checking weekly ADX trading down, therefore, low could hold at lower BB $2714. Having said that, as I said monthly ADX and MACD are rolling over.

Reports are of the Fed "taking away the punchbowl" but interesting times in eastern Europe:

https://www.armstrongeconomics.com/worl ... il-unrest/

[Budge]

Overnight
TQQQ low $138
GOOGL $2708.9

[outof thebox]

loaded up on TQQQ almost got in at the lows. Will swing trade this position. Bullish sentiment as per the last update and Sol's comments recently are low. Many investors I know are panicking and my TA indicates it's a good time to take a risk. TQQQ is not for the faint of heart

[bpcw]

loaded up on TQQQ almost got in at the lows. Will swing trade this position. Bullish sentiment as per the last update and Sol's comments recently are low. Many investors I know are panicking and my TA indicates it's a good time to take a risk. TQQQ is not for the faint of heart

TQQQ was where I made most of my money in 2020, was very profitable! Have gone far more into individual stocks of late as volatility doesn't favour geared ETFs, hoping for a swift turnaround soon to sell into before the carnage takes place.

I also loaded up more of TQQQ practically at the bottom today, bit of luck that!

[Budge]

loaded up on TQQQ almost got in at the lows. Will swing trade this position. Bullish sentiment as per the last update and Sol's comments recently are low. Many investors I know are panicking and my TA indicates it's a good time to take a risk. TQQQ is not for the faint of heart

TQQQ was where I made most of my money in 2020, was very profitable! Have gone far more into individual stocks of late as volatility doesn't favour geared ETFs, hoping for a swift turnaround soon to sell into before the carnage takes place.

I also loaded up more of TQQQ practically at the bottom today, bit of luck that!

Did you add today?

[bpcw]

loaded up on TQQQ almost got in at the lows. Will swing trade this position. Bullish sentiment as per the last update and Sol's comments recently are low. Many investors I know are panicking and my TA indicates it's a good time to take a risk. TQQQ is not for the faint of heart

TQQQ was where I made most of my money in 2020, was very profitable! Have gone far more into individual stocks of late as volatility doesn't favour geared ETFs, hoping for a swift turnaround soon to sell into before the carnage takes place.

I also loaded up more of TQQQ practically at the bottom today, bit of luck that!

Did you add today?

No, would need to go a few percent below the previous buy position before I add a 3rd lot.

[outof thebox]

loaded up on TQQQ almost got in at the lows. Will swing trade this position. Bullish sentiment as per the last update and Sol's comments recently are low. Many investors I know are panicking and my TA indicates it's a good time to take a risk. TQQQ is not for the faint of heart

TQQQ was where I made most of my money in 2020, was very profitable! Have gone far more into individual stocks of late as volatility doesn't favour geared ETFs, hoping for a swift turnaround soon to sell into before the carnage takes place.

I also loaded up more of TQQQ practically at the bottom today, bit of luck that!

Did you add today?

I deployed more capital yesterday as I had taken profits on over half my position in TQQQ. Again I used SOl's data that bullish sentiment had dropped to almost 20 and my charts indicate that TQQQ is extremely oversold. Pure luck probably but i bought close to the lows.

[hooligan]

Added 1/3 TQQQ at 59.23

thinking about getting calls if it dips down to 54-56

[SOL]

For novices that are looking to follow the TQQQ strategy. I would suggest trying it first with QQQ's, it's safer and once you master the game you can take on more leverage. Patience pays off well, impatience leads to long term pain