While most ETFs correlate, and many members use NASDAQ Composite related ETFs or TECL/TECS ETFs with MDM signal changes, here are ETFs we believe may outperform during the current signal given the weakness in technology bellwethers AAPL and GOOG among other stocks:
1-times inverse
RWM - Russell 2000 small cap 1x bear. It should approximate 1x the inverse of the Russell 2000.
PSQ - NASDAQ 100 1x bear.
2-times inverse
TWM - Russell 2000 small cap 2x bear.
QLD - NASDAQ 100 2x bear.
3-times inverse
TZA - Russell 2000 small cap 3x bear.
SQQQ - NASDAQ 100 3x bear.
TECS - S&P Techology Select Sector 3x bear.
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