WatsonsView

Buying SQQQ @ 41.85

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NASDAQ:SQQQ   ProShares UltraPro Short QQQ
I am accumulating SQQQ as I think we'll see the market turn over this week.

A floor is forming on the CM_Williams_Vix_Fix Finds Market Bottoms, on the 1-day, 4-hour and 1-hour charts.

We're currently retesting the bottom of the KC, if support holds, we'll see a reversal and profits throughout this week.

This is still a good move intra-week as I know we haven't completed our fallout from happenings around the globe. Contagion effects in many different industries are still in play.

I believe we'll retest the resistance of the 200-day EMA this week.

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