ProShares UltraPro Short QQQ For Swing Trade

[Stock Trader Lance J]

The ProShares UltraPro Short QQQ is looking like an interesting swing trade that I'm going for. The idea is that the market is up so much over the last 10 trading days that it's going to do a retracement.

Notice the positive divergence on the Twiggs Money Flow.

This is a risky short-term swing trade only of maybe a day or two at most.

 

[shatteredx]

Seems to me that you'd be better off waiting for the next retracement and then buying the dip. Might have to wait another month for that, though.

I've lost some money shorting the indices