TQQQ's 3x Promise Cost Investors 81% in 2022
📊 JST — Piyasa Yorumu
▼ down · 60%The news headline, emphasizing the high risk of leveraged ETFs, could reduce confidence in risky assets such as cryptocurrencies. JST's RSI stands at 42.7, near the lower end of the neutral zone and below the MACD signal line, indicating short-term weakness. The price is trading below the 20-day SMA (0.0929) and close to the 50-day SMA (0.0928), suggesting a sideways trend but with potential for continued downward pressure. The 0.5% decline in the last 24 hours confirms the current negative momentum. However, as the bearish signals are not very strong, a neutral-to-bearish bias prevails.
📊 QQQ — Piyasa Yorumu
■ neutral · 60%Although the news headline attempts to create fear by focusing on TQQQ's past losses, it is not a direct catalyst for QQQ itself. Technical indicators paint a neutral-positive picture: RSI at 57 is neither overbought nor oversold, the MACD line is above the signal line, and the price is above both the 20-day and 50-day moving averages. The 1.9% gain in the last close supports short-term momentum, but the psychological pressure the news may generate could limit upside. Therefore, short-term direction remains uncertain.