Title
by Americanbulls.com LLC
Last Update
02/23/2018
SQQQ
PROSHARES ULTRAPRO SHORT QQQ ETF
Last Signal: SHORT
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
16.4600
Change:
-1.0300
Percent change
-5.89%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 17.3250, and our valid average selling price stands now at 17.0960. The previous BUY signal was issued on 02/21/2018, 2 days ago, when the stock price was 17.5200. Since then SQQQ has fallen by -2.42%.
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 a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
02/23/201817.0960SHORT 102.96
02/21/201817.5200BUY 105.94
02/12/201820.0800SELL 106.15
02/08/201819.9050BUY 105.44
02/06/201819.3850SHORT 108.78
01/25/201816.9900BUY 95.72
12/11/201721.9275SELL 95.91
11/29/201721.7100BUY 95.15
11/21/201722.2100SHORT 93.43
11/15/201723.1400BUY 97.73
11/06/201722.8300SHORT 99.47
11/02/201723.4900BUY 102.76
10/27/201724.7200SHORT 98.28
10/23/201725.6000BUY 102.19
09/27/201727.6500SELL 102.39
09/14/201726.7800BUY 99.37
08/29/201728.8050SELL 99.57
08/24/201728.8150BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/23/201817.0960SHORT 120.89
02/21/201817.5200BUY 124.39
02/12/201820.0800SELL 124.64
02/08/201819.9050BUY 123.80
02/06/201819.3850SHORT 127.72
01/25/201816.9900BUY 112.39
12/11/201721.9275SELL 112.62
11/29/201721.7100BUY 111.73
11/21/201722.2100SHORT 109.71
11/15/201723.1400BUY 114.76
11/06/201722.8300SHORT 116.81
11/02/201723.4900BUY 120.67
10/27/201724.7200SHORT 115.41
10/23/201725.6000BUY 120.00
09/27/201727.6500SELL 120.24
09/14/201726.7800BUY 116.69
08/29/201728.8050SELL 116.92
08/24/201728.8150BUY 117.19
08/14/201728.4200SHORT 119.32
08/10/201728.5000BUY 120.14
08/07/201728.0710SHORT 122.49
07/27/201727.8250BUY 121.90
07/07/201732.2200SELL 122.14
06/27/201730.7330BUY 116.74
06/21/201730.4137SHORT 118.45
06/06/201729.3100BUY 114.61
05/19/201732.7200SHORT 104.21
05/17/201732.3350BUY 103.40
05/05/201733.0700SHORT 101.56
05/03/201733.3300BUY 102.77
04/17/201738.0950SELL 102.98
04/05/201737.2100BUY 100.79
03/28/201738.3200SHORT 98.35
03/21/201738.7300BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/23/201817.0960SHORT 164.25
02/21/201817.5200BUY 169.00
02/12/201820.0800SELL 169.34
02/08/201819.9050BUY 168.20
02/06/201819.3850SHORT 173.53
01/25/201816.9900BUY 152.70
12/11/201721.9275SELL 153.01
11/29/201721.7100BUY 151.80
11/21/201722.2100SHORT 149.05
11/15/201723.1400BUY 155.91
11/06/201722.8300SHORT 158.69
11/02/201723.4900BUY 163.93
10/27/201724.7200SHORT 156.79
10/23/201725.6000BUY 163.02
09/27/201727.6500SELL 163.35
09/14/201726.7800BUY 158.53
08/29/201728.8050SELL 158.85
08/24/201728.8150BUY 159.22
08/14/201728.4200SHORT 162.11
08/10/201728.5000BUY 163.22
08/07/201728.0710SHORT 166.42
07/27/201727.8250BUY 165.62
07/07/201732.2200SELL 165.95
06/27/201730.7330BUY 158.61
06/21/201730.4137SHORT 160.94
06/06/201729.3100BUY 155.72
05/19/201732.7200SHORT 141.59
05/17/201732.3350BUY 140.49
05/05/201733.0700SHORT 137.99
05/03/201733.3300BUY 139.63
04/17/201738.0950SELL 139.91
04/05/201737.2100BUY 136.93
03/28/201738.3200SHORT 133.61
03/21/201738.7300BUY 135.58
02/01/201743.8900SHORT 121.80
01/30/201744.0600BUY 122.76
01/04/201750.5812SHORT 109.18
12/28/201650.2588BUY 108.92
12/05/201655.5920SHORT 99.78
11/23/201653.0400BUY 95.58
11/16/201656.1600SELL 95.77
11/14/201657.1016BUY 97.57
11/07/201657.5640SELL 97.77
10/27/201652.9776BUY 90.16
10/24/201652.9424SELL 90.34
10/12/201654.9800BUY 94.00
10/05/201653.4080SHORT 97.24
09/29/201653.8720BUY 98.48
09/15/201658.0000SELL 98.68
09/08/201656.0200BUY 95.50
06/29/201678.6800SELL 95.69
06/27/201683.2800BUY 101.49
06/23/201673.7200SELL 101.69
06/03/201670.6200BUY 97.61
05/25/201673.1200SHORT 94.76
05/19/201681.0000BUY 105.39
05/16/201680.3800SELL 105.60
05/12/201679.0640BUY 104.08
05/09/201680.7760SELL 104.29
04/22/201673.2800BUY 94.80
04/13/201671.1600SHORT 98.10
04/05/201674.1200BUY 102.59
04/01/201675.0800SHORT 101.70
03/28/201678.2400BUY 106.41
03/14/201681.2004SHORT 103.08
03/07/201684.0796BUY 107.16
02/24/201691.2000SHORT 99.80
† Trade commissions are taken as 0.20%.

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