Ultrapro Short QQQSQQQ
Auto-detected technical analysis for SQQQ · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
SQQQ just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
As long as price stays above $33.89, the setup is intact — if it trades back below there, the trade is over.
A natural first target sits near $47.64 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and when a day closes below it, step aside at the next open.
SQQQ is currently forming a triangle on the daily timeframe. Detected Aug 28, 2026.
New to this pattern? What a triangle is and how to trade it →
SQQQ's most recent completed triangle resolved as a loss: it broke higher on Sep 16, 2026 near $41.39, then was stopped out at $38.26 on Sep 18, 2026 — a 7.6% move (-1.43R) over 2 sessions. Across 174,480 backtested triangles, this setup wins 40.9% of the time.
Every completed pattern trade our nightly backtest found on SQQQ's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Sep 16, 2026 @ $41.39 | Sep 18, 2026 @ $38.26 | Loss | +6.8% · -1.43R |
| Falling wedge | Sep 10, 2026 @ $40.08 | Sep 21, 2026 @ $35.36 | Loss | +31.1% · -2.02R |
| Falling wedge | Sep 1, 2026 @ $40.03 | Sep 21, 2026 @ $34.63 | Loss | +30.0% · -2.00R |
| Triangle | Jul 23, 2026 @ $43.38 | Aug 3, 2026 @ $43.67 | Win | +7.8% · +0.09R |
| Falling wedge | Jul 17, 2026 @ $43.43 | Aug 3, 2026 @ $43.67 | Win | +16.6% · +0.04R |
| Triangle | Jul 17, 2026 @ $43.43 | Aug 3, 2026 @ $43.67 | Win | +8.5% · +0.04R |
| Falling wedge | Jul 13, 2026 @ $39.43 | Aug 3, 2026 @ $43.67 | Win | +19.6% · +2.37R |
| Rising wedge | Mar 27, 2026 @ $85.52 | Apr 9, 2026 @ $69.32 | Loss | +8.0% · -1.62R |
| Rising wedge | Mar 20, 2026 @ $79.05 | Apr 2, 2026 @ $81.70 | Win | +6.0% · +0.39R |
| Rising wedge | Mar 20, 2026 @ $79.21 | Apr 2, 2026 @ $81.70 | Win | +9.3% · +0.36R |
| Triangle | Feb 4, 2026 @ $71.76 | Apr 2, 2026 @ $81.70 | Win | +7.8% · +1.30R |
| Falling wedge | Feb 4, 2026 @ $72.05 | Apr 2, 2026 @ $81.70 | Win | +11.4% · +1.22R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $38.02 | $38.76 | $37.33 | $38.54 |
| Aug 27, 2026 | $38.46 | $38.86 | $37.73 | $37.78 |
| Aug 26, 2026 | $39.86 | $39.93 | $39.09 | $39.38 |
| Aug 25, 2026 | $39.38 | $40.02 | $38.89 | $39.46 |
| Aug 24, 2026 | $39.65 | $40.79 | $39.64 | $40.19 |
| Aug 21, 2026 | $38.71 | $39.72 | $38.64 | $39.02 |
| Aug 20, 2026 | $39.18 | $39.77 | $38.74 | $39.37 |
| Aug 19, 2026 | $37.83 | $39.08 | $37.66 | $38.53 |
| Aug 18, 2026 | $37.87 | $38.53 | $37.59 | $38.28 |
| Aug 17, 2026 | $35.98 | $36.51 | $35.72 | $36.42 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.