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The $ARKK is sinking...

heyimsnuffles

Published: 04 May 2021 › Updated: 04 May 2021The $ARKK is sinking...

The $ARKK is sinking...

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...
@heyimsnuffles/cathy-wood-s-arkk-appears-to-be-on-life-support-usdarkk

and indeed it was.

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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...

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I am a degreed Nuclear Engineer who fell in love with Crypto. I have a PE and have spent almost a decade studying global markets and crypto markets.

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