Title
by Americanbulls.com LLC
Last Update
05/25/2018
SQQQ
PROSHARES ULTRAPRO SHORT QQQ ETF
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
15.0500
Change:
-0.0400
Percent change
-0.27%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 15.0600, and our valid average selling price stands now at 15.0500. The previous BUY signal was issued on 05/15/2018, 10 days ago, when the stock price was 15.4100. Since then SQQQ has fallen by -2.34%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
05/25/201815.0500SHORT 195.09
05/15/201815.4100BUY 200.56
04/26/201817.7600SHORT 177.83
04/20/201816.6648BUY 167.53
04/04/201819.2200SELL 167.87
03/13/201814.8500BUY 129.96
03/05/201817.0310SHORT 115.67
02/28/201816.4100BUY 111.90
02/23/201817.0960SHORT 108.01
02/21/201817.5200BUY 111.13
02/12/201820.0800SELL 111.35
02/08/201819.9050BUY 110.60
02/06/201819.3850SHORT 114.10
01/25/201816.9900BUY 100.40
12/11/201721.9275SELL 100.60
11/29/201721.7100BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/25/201815.0500SHORT 190.14
05/15/201815.4100BUY 195.47
04/26/201817.7600SHORT 173.32
04/20/201816.6648BUY 163.28
04/04/201819.2200SELL 163.61
03/13/201814.8500BUY 126.66
03/05/201817.0310SHORT 112.73
02/28/201816.4100BUY 109.06
02/23/201817.0960SHORT 105.27
02/21/201817.5200BUY 108.31
02/12/201820.0800SELL 108.53
02/08/201819.9050BUY 107.80
02/06/201819.3850SHORT 111.22
01/25/201816.9900BUY 97.87
12/11/201721.9275SELL 98.07
11/29/201721.7100BUY 97.29
11/21/201722.2100SHORT 95.53
11/15/201723.1400BUY 99.93
11/06/201722.8300SHORT 101.71
11/02/201723.4900BUY 105.07
10/27/201724.7200SHORT 100.49
10/23/201725.6000BUY 104.49
09/27/201727.6500SELL 104.70
09/14/201726.7800BUY 101.61
08/29/201728.8050SELL 101.81
08/24/201728.8150BUY 102.05
08/14/201728.4200SHORT 103.90
08/10/201728.5000BUY 104.61
08/07/201728.0710SHORT 106.66
07/27/201727.8250BUY 106.15
07/07/201732.2200SELL 106.36
06/27/201730.7330BUY 101.65
06/21/201730.4137SHORT 103.14
06/06/201729.3100BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/25/201815.0500SHORT 312.38
05/15/201815.4100BUY 321.14
04/26/201817.7600SHORT 284.75
04/20/201816.6648BUY 268.26
04/04/201819.2200SELL 268.80
03/13/201814.8500BUY 208.10
03/05/201817.0310SHORT 185.22
02/28/201816.4100BUY 179.18
02/23/201817.0960SHORT 172.96
02/21/201817.5200BUY 177.96
02/12/201820.0800SELL 178.32
02/08/201819.9050BUY 177.12
02/06/201819.3850SHORT 182.73
01/25/201816.9900BUY 160.80
12/11/201721.9275SELL 161.12
11/29/201721.7100BUY 159.84
11/21/201722.2100SHORT 156.95
11/15/201723.1400BUY 164.18
11/06/201722.8300SHORT 167.11
11/02/201723.4900BUY 172.63
10/27/201724.7200SHORT 165.11
10/23/201725.6000BUY 171.67
09/27/201727.6500SELL 172.01
09/14/201726.7800BUY 166.93
08/29/201728.8050SELL 167.26
08/24/201728.8150BUY 167.65
08/14/201728.4200SHORT 170.70
08/10/201728.5000BUY 171.87
08/07/201728.0710SHORT 175.24
07/27/201727.8250BUY 174.40
07/07/201732.2200SELL 174.75
06/27/201730.7330BUY 167.02
06/21/201730.4137SHORT 169.47
06/06/201729.3100BUY 163.98
05/19/201732.7200SHORT 149.10
05/17/201732.3350BUY 147.94
05/05/201733.0700SHORT 145.30
05/03/201733.3300BUY 147.03
04/17/201738.0950SELL 147.32
04/05/201737.2100BUY 144.19
03/28/201738.3200SHORT 140.69
03/21/201738.7300BUY 142.77
02/01/201743.8900SHORT 128.26
01/30/201744.0600BUY 129.27
01/04/201750.5812SHORT 114.97
12/28/201650.2588BUY 114.70
12/05/201655.5920SHORT 105.08
11/23/201653.0400BUY 100.66
11/16/201656.1600SELL 100.86
11/14/201657.1016BUY 102.76
11/07/201657.5640SELL 102.97
10/27/201652.9776BUY 94.96
10/24/201652.9424SELL 95.15
10/12/201654.9800BUY 99.01
10/05/201653.4080SHORT 102.42
09/29/201653.8720BUY 103.72
09/15/201658.0000SELL 103.93
09/08/201656.0200BUY 100.58
06/29/201678.6800SELL 100.78
06/27/201683.2800BUY 106.89
06/23/201673.7200SELL 107.10
06/03/201670.6200BUY 102.80
05/25/201673.1200SHORT 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.