I wish I had the discipline to trade the triple leveraged ETFs, TQQQ and SQQQ, based on my QQQ short term trend count.
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Blog: Day 14 of $QQQ short term down-trend; UGA, the U.S. gasoline fund had an ATH today and a GLB last March. See weekly and monthly charts.
UGA tracks gasoline futures. This is an interesting ETF in current times. I missed the GLB in March because I don’t regularly scan ETFs for GLBs. Is the ETF about to run out of gas????? (I couldn’t resist this pun.)
Here is its monthly chart. Prior green line was changed to orange.
