ProShares UltraShort QQQ is an ETF that corresponds to twice the inverse (-2x) of the daily performance of the NASDAQ100 index, an index that includes 100 of the largest national and international non-financial companies that are listed on the Nasdaq stock market based on capitalization stock market.
The market during the first days of the week showed signs of a correction, however, the indices are still very close to their all-time highs, a psychologically important level.
We consider it a good investment to enter a 2x Inverse of the QQQ index aiming for it to decline after registering a new high that is below 1%.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.