Strategy is simple, buy SQQQ when fear and greed index is over 45-50, and sell when it reaches under 20. If it's under 20 start to buy TQQQ, then sell when it goes over 40 again.
The last dip under 20 was the 12th, buy TQQQ, time to sell the 21st. Up over 10%.
Bought SQQQ at 55 or after Google earnings terrible report, up 8% so far. Holding until under 20 again.
Is this a good strategy? Basically, doing the opposite of the market. Shorting when others are greedy and buying when others are fearful. The FG index seems to catch the days when market flips.
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