I tried to warn everyone yesterday. I got the hell out of the way. Tech got killed on Yellen's comments about raising rates, of course she has since walked those back on a measly 1% down day for the market.
I mentioned yesterday that Cathy and her funds may be on Life Support...
https://leofinance.io/@heyimsnuffles/cathy-wood-s-arkk-appears-to-be-on-life-support-usdarkk
and indeed it was.
ARKK is sitting on the 200 Day MA and is literally hanging on for dear life here.
I am assuming they bought anything and everything today and we shall see later on today...that is what you get for chasing a parabolic move and not taking profits...
Posted Using LeoFinance Beta
Looked like a rising wedge on a 1D chart.
Posted Using LeoFinance Beta