Feb. 4 at 2:26 AM
$SQQQ: Does this chart look bullish or bearish? To me, it looks bullish. This is the 3x inverse
$QQQ ETF, and it appears to be on the verge of breaking out of the falling channel. The RSI is above 50, and the MACD has triggered a momentum buy signal. Both indicators are aligned for a bullish resolution.