Tuesday's TQQQ Model
Tuesday's model for TQQQ has a different pattern typically from Monday. Whereas Monday has a large noticeable dip, Tuesday has several dips in the mid morning, forming a peak midday, before forming a noticeable dip before 1PM, and then trending back up again. This model uses intra-day data starting on 2/26/19 through 3/19/19 with a moving weighted average. The only noticeable input for the model is that 3/19 is the day before the FED meeting. However, Tuesday's pattern still appears consistent with the other weeks.
From my experience, the dips seen in the early morning can continue throughout the morning. So be aware while there may be a noticeable dip in the pattern, it could even go lower than that before going back up. Again, these are moving averages and show overall patterns of behavior.
For comparison, here is the chart of 3/19 TQQQ the Tuesday before the FED meeting. It is mostly flat in the morning with a spike, then starts to fall. I think comparing this one day's worth of data can help illustrate how the model itself is merely a guide, and that individual days can have some similarities while being very different.
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