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Saturday, 08/20/2022 5:47:18 AM

Saturday, August 20, 2022 5:47:18 AM

Post# of 2366
Investor's Basic Mantra: "The trend is your FRIEND"

Aside from all the WILD speculation you can read about and/or hear in what is going on moving forward ... if you pop up a 3 month chart of TQQQ ... here's what I see:

We'll start a new leg UP starting Monday or Tuesday.

This new leg up - taking TQQQ higher - will last for about a week and a few days - give or take.

Then we'll have a 2 -3 maybe 4 day sell-off, and THEN we'll start a new leg up from there.

Until this uptrend is clearly broken, and TQQQ starts consistently going sideways ... the trend is your FRIEND.

The reason for global warming is because hell is getting hotter.