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Yogigolf
Jul 12, 2022 5:50 AM

2022 ARKK Crash = 2000 Nasdaq Crash Long

ARK Innovation ETFArca

Description

The ARKK crash has extremely similar pattern to the 2000 crash of the nasdaq as you can see by the fractal. Where this looks like a strong support and ARKK could get a nice bounce it does not look like it will get back to the all time highs any time soon.
Comments
justinl619
Time to fly. I am drawing the same conclusion except I use EW. The recession was short lived.
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