Open Trade Alert: Short QQQ – The Forecast

Open Trade Alert: Short QQQ

Open Trade Alert: Short QQQ

With both a 2:1 and 4:1 risk/reward ratio on a short trade from current prices, the Nasdaq has an excellent short setup for the next several weeks.  The best way to minimize risk is to just short the pure Nasdaq ETF, QQQ, instead of taking leveraged ETF’s like SQQQ or options.  Bets can be made in those riskier, leveraged vehicles, but positions should be much smaller because of the exponentially greater possible loss.