SUMMARY
Yes, the equities took a beating this week....across the board!The below chart shows that of all four ETFs, only TQQQ remains in the positive % territory. Many are calling for the ultimate crash to come or the return of the 2008 like financial crisis. Me? My funds stay in TQQQ.
This strategy currently has a -1.16% since inception on Nov. 3, 2017. Except for the $80k stop out level; I follow this simple trend following strategy. Let's see how the numbers are next Friday!
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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