So i want to show you one of my trade setups. I just took a position on ask eq, i'm up a little bit over 200. I expect to be up a little bit over 700 to maybe a thousand, but i want to explain to you why i took the position, so the thing that you should know is that these are inverse etfs. So when one goes up, the other one goes down.

Why, then do i think that this one's going to go down, and why do i think this one's going to go up well during the pre-market session? Tqqq was bearish, meaning that it was selling off the entire pre-market session. So i expect it to return to those same levels with that set expectation. If it returns to those previous levels, then ask qqq would then make a recovery. It's definitely not guaranteed and it looks like it's holding pretty well, so i'm still going to have to potentially manage my position size.

So yeah, not every trade, goes exactly according to plan, but eight hundred dollars on the day s qqq ended up recovering. Just like we anticipated tqkq ended up going back to previous lows. Continuing that descending pattern.