TQQQQ Bearish BreakYearly chart... the Directional Movement Index shows an almost Identical cross right before the market crashed in March. Formation of the chart is not complete, but with 2 out of 3 moving indexes crossing recent market pull backs can be explained. Should the formation complete (comparable in purple squares in the DMI), then what we are seeing now is just the beginning of a big drop. If the Directional Movement can pivot then recent losses could just be a minor pull back. Tomorrow will gives us all the answers we need. GLTA
Understand I am not a financial Advisor and this is not Financial advise please do your own Due Diligence