TQQQ Short Working

I shorted TQQQ on the post-FOMC euphoria bounce per an NFTRH+ update on the QQQ, that used this chart to show the short setup (ahead of time) at the SMA 50 and dotted trend line. This is the point where in service to keeping things real around here, I also note there was also an ill-fated long idea on the KBE Bank ETF last week. The key is in limiting losses and letting winners run.

So back to TQQQ, it was shorted on the bounce to a low risk setup and turned away from the market this morning and did not get whipsawed out of the already profitable short. This was in keeping with preferred scenarios for the near-term, per NFTRH analysis for the US stock market.