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	Comments on: QQQ &#038; SOXX Continue To Roll Over	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: asapsands		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26975</link>

		<dc:creator><![CDATA[asapsands]]></dc:creator>
		<pubDate>Thu, 30 Mar 2023 02:12:12 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26975</guid>

					<description><![CDATA[there is a big positive divergence on SQQQ ON 15 min time frame]]></description>
			<content:encoded><![CDATA[<p>there is a big positive divergence on SQQQ ON 15 min time frame</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26943</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 15:59:39 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26943</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26941&quot;&gt;Dkpdkp&lt;/a&gt;.

Will do asap.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26941">Dkpdkp</a>.</p>
<p>Will do asap.</p>
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		<title>
		By: Dkpdkp		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26941</link>

		<dc:creator><![CDATA[Dkpdkp]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 14:56:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26941</guid>

					<description><![CDATA[Hello Randy-can you pls update the PMs and especially the miners? Thanks]]></description>
			<content:encoded><![CDATA[<p>Hello Randy-can you pls update the PMs and especially the miners? Thanks</p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26940</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 13:39:02 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26940</guid>

					<description><![CDATA[Both fundamentally and technically MU was so Bearish, they missed the Revenue by more than 50% yet MU is up 6% boosting all the Semis with it!]]></description>
			<content:encoded><![CDATA[<p>Both fundamentally and technically MU was so Bearish, they missed the Revenue by more than 50% yet MU is up 6% boosting all the Semis with it!</p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26939</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 13:35:22 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26939</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26933&quot;&gt;Jeff Vandenburgh&lt;/a&gt;.

I totally get your thoughts! I spent more than 8 hours a day in front of the computer reading the charts, testing the best possible strategies, listening to every news on CNBC, getting up to date with all the youtube videos of the one I follow and even in twitter. 

Hate to say this but I&#039;m also on negative side here! I was thinking of a strategy where I will take only one trade a week when there is solid divergence on SPY, QQQ and IWM and target is to make only 2% every week on TQQQ or SQQQ. So far the strategy looks solid but the hard part is where to put the Stop Loss.

Surely I will recommend not to give up and that&#039;s my mentality too. Just so that you know I quit my full time job to be a full time trader and my wife has been a very supportive of that. Time will come for us too when we will start making consistent profit!!!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26933">Jeff Vandenburgh</a>.</p>
<p>I totally get your thoughts! I spent more than 8 hours a day in front of the computer reading the charts, testing the best possible strategies, listening to every news on CNBC, getting up to date with all the youtube videos of the one I follow and even in twitter. </p>
<p>Hate to say this but I&#8217;m also on negative side here! I was thinking of a strategy where I will take only one trade a week when there is solid divergence on SPY, QQQ and IWM and target is to make only 2% every week on TQQQ or SQQQ. So far the strategy looks solid but the hard part is where to put the Stop Loss.</p>
<p>Surely I will recommend not to give up and that&#8217;s my mentality too. Just so that you know I quit my full time job to be a full time trader and my wife has been a very supportive of that. Time will come for us too when we will start making consistent profit!!!</p>
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		<title>
		By: Jeff Vandenburgh		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26933</link>

		<dc:creator><![CDATA[Jeff Vandenburgh]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 06:43:59 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26933</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26932&quot;&gt;trade0039&lt;/a&gt;.

Decent &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt; on MU’s earnings.  Looks like there will be another shorting opportunity in SOX and QQQ at even higher prices soon.  But I’m finding it difficult to remain short stocks:  consumer confidence and solid employment numbers show that the economy is strong, and at the same time the bond market has signaled a Fed pivot.  So the Fed is easing while the economy remains strong.  Therefore, the easy money should be to the upside.  But I like the bearish videos and the idea that the bear market is not over.  I’d hate to think that I’ve missed another bull market or that I’m on the wrong side of the trade.  So I have a bunch of short trades on and my tiny account is down 30% this year and we’re only in Q1.  I don’t think I can hold onto these short positions much longer.  I’ve blown out my account during every bull market by remaining bearish for too long.  The easy money is to the upside.  The longterm trend is always up.  I wish I would have just dollar-cost averaged into stocks when we had that bear market last year.  I’m getting too old to throw away my hard earned money like this anymore.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26932">trade0039</a>.</p>
<p>Decent <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> on MU’s earnings.  Looks like there will be another shorting opportunity in SOX and QQQ at even higher prices soon.  But I’m finding it difficult to remain short stocks:  consumer confidence and solid employment numbers show that the economy is strong, and at the same time the bond market has signaled a Fed pivot.  So the Fed is easing while the economy remains strong.  Therefore, the easy money should be to the upside.  But I like the bearish videos and the idea that the bear market is not over.  I’d hate to think that I’ve missed another bull market or that I’m on the wrong side of the trade.  So I have a bunch of short trades on and my tiny account is down 30% this year and we’re only in Q1.  I don’t think I can hold onto these short positions much longer.  I’ve blown out my account during every bull market by remaining bearish for too long.  The easy money is to the upside.  The longterm trend is always up.  I wish I would have just dollar-cost averaged into stocks when we had that bear market last year.  I’m getting too old to throw away my hard earned money like this anymore.</p>
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		<item>
		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26932</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 01:56:55 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26932</guid>

					<description><![CDATA[MU has earnings today!]]></description>
			<content:encoded><![CDATA[<p>MU has earnings today!</p>
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		<title>
		By: Russ F.		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26930</link>

		<dc:creator><![CDATA[Russ F.]]></dc:creator>
		<pubDate>Wed, 29 Mar 2023 01:20:37 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26930</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26926&quot;&gt;Jeff Vandenburgh&lt;/a&gt;.

Looks like it might go for 12855 again, it loves that FIB level lately]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26926">Jeff Vandenburgh</a>.</p>
<p>Looks like it might go for 12855 again, it loves that FIB level lately</p>
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		<item>
		<title>
		By: Mikeflegel		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26927</link>

		<dc:creator><![CDATA[Mikeflegel]]></dc:creator>
		<pubDate>Tue, 28 Mar 2023 22:23:38 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26927</guid>

					<description><![CDATA[Thanks Made nearly a dollar on Yes yes then promptly lost most of it by  So how do we get in without a huge stop loss .]]></description>
			<content:encoded><![CDATA[<p>Thanks Made nearly a dollar on Yes yes then promptly lost most of it by  So how do we get in without a huge stop loss .</p>
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		<title>
		By: Jeff Vandenburgh		</title>
		<link>https://rightsideofthechart.com/qqq-soxx-continue-to-roll-over/#comment-26926</link>

		<dc:creator><![CDATA[Jeff Vandenburgh]]></dc:creator>
		<pubDate>Tue, 28 Mar 2023 20:49:57 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211102#comment-26926</guid>

					<description><![CDATA[I&#039;m watching /NQ level 12755 for short-term direction, bullish above bearish below.]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m watching /NQ level 12755 for short-term direction, bullish above bearish below.</p>
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