and Supports Nasdaq. This is the interpretation of this author from the action of the TQQQ and SQQQ. This author is bullish on the SQQQ because of the dichotomy yesterday between the Dow (up over 250) and Nasdaq down almost 50. The Nasdaq are the growth stocks for the millenials whereas the Dow propelling some stocks that were around during the Great Depression. This might be positive but is a negative sign because of the anemic jobs report and the layoffs in Silicon Valley.