As depicted below the QQQ Intermediate Term Trend Model flipped SHORT on Dec 1st. QQQ Intermediate Term Trend Model Fine tuning with the hourly trend model shows not only the intermediate term downturn, but a better short-term perspective, with a newly generated shorter-term Sell from Dec 31st: QQQ Short-Term Trend Model Short-Term Sell Signal: QQQ (Current: 393.60) Option: QQQ Feb 18th $375P (5.75-5.80) Stop: 50% or QQQ close above 400.00 Aggressive Alternative: Long: SQQQ (Current 6.10) Option: SQQQ Feb 18th $7.00C (0.33-0.34) Stop: 50% or QQQ close above 400.00 SQQQ is the ProShares Ultra Short QQQ ETF. It offers maximum leverage on any serious turn down in QQQ, similar to UVXY potential.
