RegentQuant Essential Indicators All In One Page

Chart 1: [Predict 🐂/🐻 Market] Split-Adjusted Aggregated Leveraged ETFs Short Sale Volume (QQQ)

Data as of 2024-12-20

This indicator is extremely effective at predicting bull and bear markets. Data never lies, especially short sale data of risky assets. The calculation of aggregated short sale volume includes the following 10 leveraged ETFs: TQQQ, SOXL, QLD, SSO, FNGU, SPXL, TECL, UPRO, TNA, and FAS. We found that there is a correlation between increasing short volume in these leveraged ETFs and a market downturn. When the 21-day moving average of aggregated short sale volume is increasing, it suggests a bear market. Conversely, when it is decreasing, it suggests a bull market.

Chart 2: [Market Volatility] QQQ IV

Data as of 2024-12-20

The grey line series represents the realized 30-day volatility, while the colored line series represents the 30-day implied volatility of QQQ. The colored line is red when the implied volatility rank or percentile is above 75%, and green otherwise.