SQQQ Stock Trading Plan 2025-06-17
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SQQQ Stock Trading Plan (2025-06-17)
Final Trading Decision
Comprehensive Summary of Each Model's Key Points
DS Report
Direction: Strongly bearish on Nasdaq, bullish on SQQQ. Technical Setup: Price at $22.27, below key EMAs, indicating a downtrend for QQQ. Daily RSI (36.8) is oversold but improving; M30 RSI (61.9) shows building bullish momentum. Positive MACD histogram signifies bullish crossover. Sentiment Catalysts: VIX at 19.27 suggests fear, correlating with SQQQ rallies. Risk-off news includes geopolitical tensions and credit spread warnings. Recommendation: LONG SQQQ with specified entry at $22.27.
LM Report
Direction: Moderately bearish bias on SQQQ. Technical Setup: M30 price is just below key EMAs; bullish momentum indicated on shorter terms with bearish major trends confirmed. Daily chart shows price facing resistance and bearish MACD. Sentiment Analysis: Concerns in the market point to a cautious or bearish outlook; VIX indicating volatility rising. Optimal Trade: Short SQQQ.
GK Report