$TQQQ dropped below 200-day simple moving average

Ticker: $TQQQ
Highlight: This is the third time it dropped below SMA 200.  The previous times were followed by a volatile condition


Summary: In February, we experienced an unusual volatility we have not seen in many months.  It resulted to $TQQQ dropping below its major support.  This was followed by a very volatile condotion as shown above.  Now, we are looking at another drop similar to the one we experienced in February.  The market may be setting up for another volative month.  Also think of the China and US trade war still unresolved, this could wreck people's accounts.

For now, I'm buying small shares of value stocks for long term holdings. Nothing significant.


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