Title
by Americanbulls.com LLC
Title
  • English
    v
Last Update
04/27/2023
SQQQ
ProShares UltraPro Short QQQ ETF
Last Signal: SELL
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
29.5600
Change:
-2.5900
Percent change
-8.06%
+ to Portfolio
+ to Watchlist
6 mo. Rating
$100 ▶ 72
12 mo. Rating 1★
$100 ▶ 140
24 mo. Rating 1★
$100 ▶ 334
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 32.0600, and our valid average selling price stands now at 30.7400. The previous BUY signal was issued on 04/24/2023, 3 days ago, when the stock price was 30.9300. Since then SQQQ has fallen by -0.61%.
Market Outlook
We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
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...
The <b>Delayed Intraday Module : <color=red>OFF</color></b> chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series.
SELL
There isn’t any pattern detected since the last signal, so the current SELL signal is effective. All you have to do is to wait for a new pattern.
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/27/202330.7400SELL 71.88
04/24/202330.9300BUY 72.47
04/13/202329.9700SHORT 75.17
04/05/202330.4500BUY 76.68
03/30/202330.8800SHORT 75.93
03/28/202333.4650BUY 82.62
03/14/202338.4210SELL 82.79
03/07/202336.8900BUY 79.65
03/03/202338.1300SELL 79.81
02/22/202338.8400BUY 81.46
02/13/202336.0800SHORT 88.56
02/09/202335.4270BUY 87.31
01/23/202344.1000SHORT 73.25
01/19/202348.6200BUY 81.08
01/06/202353.4400SELL 81.24
12/15/202246.8260BUY 71.33
12/08/202246.2100SELL 71.47
12/06/202244.3100BUY 68.67
12/01/202241.2500SHORT 74.47
11/28/202246.1500BUY 83.65
11/23/202244.9300SHORT 86.33
11/18/202245.8300BUY 88.41
11/11/202246.7100SHORT 87.12
11/01/202253.2950BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/27/202330.7400SELL 140.25
04/24/202330.9300BUY 141.40
04/13/202329.9700SHORT 146.67
04/05/202330.4500BUY 149.62
03/30/202330.8800SHORT 148.16
03/28/202333.4650BUY 161.21
03/14/202338.4210SELL 161.53
03/07/202336.8900BUY 155.40
03/03/202338.1300SELL 155.71
02/22/202338.8400BUY 158.93
02/13/202336.0800SHORT 172.79
02/09/202335.4270BUY 170.34
01/23/202344.1000SHORT 142.92
01/19/202348.6200BUY 158.20
01/06/202353.4400SELL 158.52
12/15/202246.8260BUY 139.18
12/08/202246.2100SELL 139.46
12/06/202244.3100BUY 133.99
12/01/202241.2500SHORT 145.31
11/28/202246.1500BUY 163.22
11/23/202244.9300SHORT 168.45
11/18/202245.8300BUY 172.51
11/11/202246.7100SHORT 170.00
11/01/202253.2950BUY 194.74
10/17/202258.6300SELL 195.13
10/07/202256.0930BUY 187.06
10/04/202253.1000SELL 187.43
09/30/202259.2620BUY 209.60
09/28/202256.3700SELL 210.02
09/15/202247.3000BUY 176.58
09/08/202245.0800SELL 176.93
08/29/202243.1200BUY 169.58
08/24/202239.3400SELL 169.92
08/17/202234.8800BUY 150.96
07/28/202243.1500SHORT 127.19
07/25/202246.4400BUY 137.44
07/20/202247.4600SHORT 135.09
07/12/202253.6400BUY 153.29
06/15/202261.0400SELL 153.60
06/09/202248.3900BUY 122.01
05/23/202257.2950SELL 122.25
05/05/202246.6800BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/27/202330.7400SELL 334.12
04/24/202330.9300BUY 336.86
04/13/202329.9700SHORT 349.40
04/05/202330.4500BUY 356.42
03/30/202330.8800SHORT 352.94
03/28/202333.4650BUY 384.02
03/14/202338.4210SELL 384.79
03/07/202336.8900BUY 370.20
03/03/202338.1300SELL 370.94
02/22/202338.8400BUY 378.60
02/13/202336.0800SHORT 411.61
02/09/202335.4270BUY 405.78
01/23/202344.1000SHORT 340.45
01/19/202348.6200BUY 376.85
01/06/202353.4400SELL 377.61
12/15/202246.8260BUY 331.54
12/08/202246.2100SELL 332.20
12/06/202244.3100BUY 319.18
12/01/202241.2500SHORT 346.14
11/28/202246.1500BUY 388.81
11/23/202244.9300SHORT 401.27
11/18/202245.8300BUY 410.95
11/11/202246.7100SHORT 404.97
11/01/202253.2950BUY 463.92
10/17/202258.6300SELL 464.85
10/07/202256.0930BUY 445.63
10/04/202253.1000SELL 446.52
09/30/202259.2620BUY 499.34
09/28/202256.3700SELL 500.34
09/15/202247.3000BUY 420.68
09/08/202245.0800SELL 421.52
08/29/202243.1200BUY 404.00
08/24/202239.3400SELL 404.81
08/17/202234.8800BUY 359.64
07/28/202243.1500SHORT 303.01
07/25/202246.4400BUY 327.42
07/20/202247.4600SHORT 321.82
07/12/202253.6400BUY 365.18
06/15/202261.0400SELL 365.91
06/09/202248.3900BUY 290.66
05/23/202257.2950SELL 291.24
05/05/202246.6800BUY 237.76
04/28/202243.3500SELL 238.24
04/21/202239.7300BUY 218.78
04/19/202237.7700SELL 219.22
03/31/202232.5900BUY 189.53
03/16/202244.5500SHORT 150.02
03/14/202249.5750BUY 167.61
03/09/202245.4300SELL 167.95
03/04/202243.4900BUY 161.10
02/24/202243.5850SELL 161.42
02/11/202239.6400BUY 147.10
01/31/202240.5100SELL 147.39
01/18/202235.3100BUY 128.73
01/11/202232.4500SELL 128.99
01/05/202230.4200BUY 121.16
12/23/202130.0700SHORT 123.08
12/13/202131.3700BUY 128.92
12/07/202131.3000SELL 129.18
12/01/202131.7800BUY 131.42
11/29/202130.3600SELL 131.68
11/23/202130.9500BUY 134.51
11/16/202131.3700SHORT 133.27
11/09/202131.1800BUY 132.99
10/14/202140.5400SHORT 108.48
10/08/202141.8500BUY 112.43
10/06/202142.8300SELL 112.66
09/29/202142.3100BUY 111.52
09/23/202138.7600SELL 111.74
09/09/202136.6700BUY 105.93
08/30/202137.3200SHORT 104.53
08/26/202138.7800BUY 109.05
08/20/202141.2000SELL 109.27
08/18/202142.1000BUY 111.88
08/13/202140.2500SHORT 117.74
08/10/202140.7900BUY 119.80
07/21/202143.6300SHORT 112.93
07/15/202143.2850BUY 112.49
06/21/202150.0000SHORT 99.57
06/16/202151.5200BUY 103.01
06/07/202154.0100SHORT 98.87
06/03/202157.3500BUY 105.41
05/24/202157.3700SELL 105.62
05/18/202161.1900BUY 112.88
05/14/202161.3800SELL 113.11
04/28/202154.0500BUY 99.80
† Trade commissions are taken as 0.20%.







Pattern & Confirmation Chart for the Last 6 Months
The chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
SQQQ - Pattern & Confirmation History since 10/28/2022
Date 
Pattern 
Buy Level 
Stop Loss 
Sell Level 
Confirmation 
Signal 
Level 
Date 
04/26/2023BEARISH DESCENDING HAWK 32.730032.060030.740004/27/2023SELL
04/14/2023BULLISH HOMING PIGEON30.560029.5800 30.930004/24/2023BUY
04/06/2023BEARISH ENGULFING 31.750030.210029.970004/13/2023SHORT
04/04/2023BULLISH PIERCING LINE29.870029.1800 30.450004/05/2023BUY
03/31/2023BULLISH THREE GAP DOWNS30.092529.2900    
03/29/2023BEARISH STOP LOSS 31.7920 30.880003/30/2023SHORT
03/27/2023BULLISH ENGULFING33.010031.7920 33.465003/28/2023BUY
03/22/2023BULLISH ENGULFING33.860030.9800    
03/17/2023BULLISH HARAMI35.670033.2400    
03/13/2023BEARISH DARK CLOUD COVER 42.570040.190038.421003/14/2023SELL
03/08/2023BEARISH HARAMI 38.540037.2850   
03/06/2023BULLISH HAMMER36.600035.1500 36.890003/07/2023BUY
03/02/2023BEARISH ENGULFING 41.295039.130038.130003/03/2023SELL
02/23/2023BEARISH DOJI STAR * 37.760036.5000   
02/21/2023BULLISH STOP LOSS 37.7600 38.840002/22/2023BUY
02/10/2023BEARISH DOJI STAR 37.760036.500036.080002/13/2023SHORT
02/08/2023BULLISH HARAMI35.160032.9800 35.427002/09/2023BUY
01/30/2023BULLISH ONE WHITE SOLDIER41.200039.5700    
01/24/2023BULLISH HOMING PIGEON43.140041.2601    
01/20/2023BEARISH EVENING STAR 49.450044.790044.100001/23/2023SHORT
01/18/2023BULLISH ENGULFING47.340044.0500 48.620001/19/2023BUY
01/09/2023BULLISH DOJI STAR51.840048.5300    
01/04/2023BEARISH DESCENDING HAWK 56.565653.870053.440001/06/2023SELL
12/29/2022BEARISH ONE BLACK CROW 56.737153.8600   
12/21/2022BEARISH EVENING STAR 54.045050.3000   
12/16/2022BEARISH THREE GAP UPS 51.120049.7250   
12/09/2022BULLISH HARAMI46.490044.7600 46.826012/15/2022BUY
12/07/2022BEARISH DOJI STAR 48.090046.910046.210012/08/2022SELL
12/05/2022BULLISH ONE WHITE SOLDIER43.850042.1400 44.310012/06/2022BUY
12/02/2022BULLISH HARAMI *44.830043.6200    
11/30/2022BEARISH STOP LOSS 43.6200 41.250012/01/2022SHORT
11/25/2022BULLISH HARAMI44.830043.6200 46.150011/28/2022BUY
11/22/2022BEARISH ONE BLACK CROW 48.000045.320044.930011/23/2022SHORT
11/14/2022BULLISH HARAMI45.715043.7800 45.830011/18/2022BUY
11/10/2022BEARISH STOP LOSS 49.8501 46.710011/11/2022SHORT
10/31/2022BULLISH HARAMI52.905049.8501 53.295011/01/2022BUY


SQQQ - Pattern Performance
Pattern 
Patterns
Total		 
Confirmed
Total		 
Profitable
Signals		 
Confirmation
 
Profitable
Signal		 
Per Trade 
Profit 
Loss 
Total Net Descending
BULLISH PATTERNS
  72128%50%22%0%22%
  52140%50%21%5%16%
  42150%50%19%6%13%
  106460%66%9%1%8%
  2010450%40%10%3%7%
  119581%55%9%3%6%
  2313656%46%13%7%6%
  1610462%40%10%6%4%
  115245%40%7%3%4%
  111100%100%4%0%4%
  2415562%33%6%5%1%
  111100%100%0%0%0%
  187338%42%1%2%-1%
  106260%33%1%3%-2%
  65283%40%5%9%-4%
BEARISH PATTERNS
  21150%100%23%0%23%
  43375%100%13%0%13%
  84450%100%12%0%12%
  65383%60%15%6%9%
  96466%66%9%1%8%
  21171180%64%12%5%7%
  65283%40%12%6%6%
  1412785%58%8%2%6%
  54180%25%12%8%4%
  1510866%80%4%1%3%
  181814100%77%5%3%2%
  32166%50%10%8%2%
  21050%0%0%1%-1%
  331100%33%0%7%-7%
  74357%75%8%22%-14%

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.