📈55 day uptrend, +45.04% gain at peak
💡
Raincheck Fund's strategy of "Long
This post examines a past uptrend for ways to achieve returns greater than those of simply buying and holding.
TQQQ during uptrends, and in cash during downtrends" is just one implementation of an automated trading strategy using Raincheck Fund's Market Signal. This post examines a past uptrend for ways to achieve returns greater than those of simply buying and holding.
Returns
The uptrend began on May. 6 2024 and ended on Apr. 15 2024, after 55 consecutive days of positive Market Signal values.
- The uptrend peaked on Mar. 1, with
TQQQ+45.03% since uptrend start - Buying
TQQQafter market close on the first day of this uptrend, and selling after market close on Apr. 15 offered a return of +8.04% (see below table).
The table below includes the QQQ daily chart over the course of this uptrend, as well as the returns of QQQ and TQQQ after market close each day.
This content is free! Sign up to access
Already have an account? Sign in.