TQQQ long position with a hedge of SQQQ to capture the down move
Go long TQQQ with 2/3 of the capital for long-term exposure
Simultaneously buy SQQQ with remaining 1/3 of the capital to capture the down move for the short-term exposure.
Simultaneously buy SQQQ with remaining 1/3 of the capital to capture the down move for the short-term exposure.