ARKK Backtest & Drop?

已更新
This is a possible setup to watch for ARKK. It's interesting that the Chaikin Money Flow indicator clearly signaled the previous top. If/when ARKK recovers to near the 50-day MA, it'll be interesting to see if volume profile is still weak. This isn't an actual trade for now.
交易开始
We knicked the 30 day WMA round 130.49, and trade activated shortly thereafter. This is a long term trade basically betting that a long term downtrend in this fund began in early February 2020 and will lead to the fund's extreme decline and possible collapse.

1/21/2022: 120 P = $18.95. Target is approximately $80 - assuming SPX has sold off from any kind of Fall double top in the $4300 range around August-November and is around 3700-3400. Eventual target is mid 2022 (no option dates available yet) at pre COVID: $40 or below.
注释
Target 1 achieved: 200 Day MA. Great place to cover short-term shorts (I'm more long term though).
注释
快照
交易结束:到达目标
ARKKTechnical IndicatorsTrend Analysis

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