The Triple X Nasdaq 100 Strategy

Tap Tech Titans for Long-Term Growth

If you're eager to dive into the forefront of innovation, look no further than the Nasdaq 100 index. It's home to giants like Apple, Microsoft, Amazon, and Tesla – companies constantly redefining our world. Investing in the Nasdaq 100 means hitching a ride on their innovation-driven journey.

Over time, the Nasdaq 100 has delivered impressive returns to patient investors. Its focus on innovation often leads to periods of remarkable growth, surpassing more conventional benchmarks.

For those seeking to amplify their exposure to the Nasdaq 100, the Triple X Nasdaq 100 Strategy applies the following technical indicators to the ProShares UltraPro QQQ ETF (symbol TQQQ):

  • Buy Signal: When the On Balance Volume Indicator (OBV) rises above its moving average.

  • Sell Signal: When the Aroon Down indicator crosses above the Aroon Up indicator.

The strategy's success stems from using the On Balance Volume (OBV) to identify buy signals through rising buying pressure and the Aroon indicators for sell signals by detecting strengthening downtrends. By combining volume flow with trend direction insights, this approach provides more precise entry and exit points, increasing the likelihood of successful trades.

A Word About the ProShares UltraPro QQQ ETF (symbol TQQQ)

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 3x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance.

For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

Index Information

The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies currently not in bankruptcy proceedings with appropriate trading volumes and adjusted market capitalization. One cannot invest directly in an Index.