Hi Fletch,
I don't think it would be unreasonable to expect $38.20 for SQQQ on a pullback in $NDX. If the $NDX is green at the close and opens green tomorrow, that would be a "gift", imo. One I couldn't pass up.
I'm going to try for a small position in SQQQ today. And, add to it tomorrow. That's the plan, anyhow. :>)
df