Don't understand why, don't care. My AI gave of a partial bullishness signal for tomorrow onwards for TQQQ. It believes this a buy the dip moment (Unless it changes it's mind for whatever reason).
This is a signal on 3 out of 16 of my 3.6 sharpe models which is fairly bullish. I also had a UVXY call buy suggestion for today which i acted on which weirdly worked out intraday.
Expected move is around ~$4-7 dollars up, more likely on the lower end of that but i can't be sure. All i know is that the AI says up so i'm in.
I've dipped my feet a bit at these levels and waiting for more of my models to say BUY before i fully dip in. Several other tickers like CVNA and MARA flashed BUY today as well which is a nice extra confirmation, but not as good as if all 16 of my TQQQ models flash BUY which they haven't yet.
This is a signal on 3 out of 16 of my 3.6 sharpe models which is fairly bullish. I also had a UVXY call buy suggestion for today which i acted on which weirdly worked out intraday.
Expected move is around ~$4-7 dollars up, more likely on the lower end of that but i can't be sure. All i know is that the AI says up so i'm in.
I've dipped my feet a bit at these levels and waiting for more of my models to say BUY before i fully dip in. Several other tickers like CVNA and MARA flashed BUY today as well which is a nice extra confirmation, but not as good as if all 16 of my TQQQ models flash BUY which they haven't yet.
Note
I realize there's a ton of gaps waiting to be filled and really bad macro right now, but i have to go with the heart of the AI and lose my money as per it's suggestions.Note
The implied move seems to be more like in the realm of $7-9 dollars now. We'll see into tomorrow what the AI says and if it changes its mind or gets even more bullish.Order cancelled
Hah screw me sideways and call me betty. The AI lost it's first trade after a 30 something trade winstreak. Nice.Note
It's keep just 2 models out of 16 open for this trade closing 2 as failed trades. Well not sure what happens now, this never happened before so.
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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.