SPXU, SQQQ update March 7

SPXU: Ending diagonal triangle forming. this is bullish for SPXU, bearish for the market. Break out should target start of triangle at $38 ($6, ~20% upside potential)

SPXU

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SQQQ: same story as SPXU. Ending Diagonal Triangle is forming. Price has already broken out of that pattern. Should now target $24.80 at least, possible all the way back to $29 area. That’s $3.80 to $8 upside from current levels.

sqqq