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dratzlogic

More room for TQQQ to drop.

Short
ProShares UltraPro QQQ (NASDAQ:TQQQ)  
dratzlogic  
NASDAQ:TQQQ   ProShares UltraPro QQQ
Trend Analysis Fibonacci
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trendanalysis fibonacci
The chart shows there is still room for a 15% drop in TQQQ (about a -5% move on the QQQ's). Either prices this move tomorrow before the FOMC, or I think we might see the drop after the interest rates are raised.

Target is 20.49

The market is trending up overnight, so if it is retracing to the next Fib level, look for a potential reverse.
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