Normally I only look at a 1 month 60min chart. Here is about 3 months. ATH about to be set again. I would guess that we are now in a Major wave 1 up. stockcharts.com/c-sc/sc?s=TQQQ&p=60&yr=0&mn=3&dy=10&i=p14055125663&a=533237217&r=1500474193802