barnabygraham

ARKK/QQQ - Potential bottom?

ARKK is trading at an all time low relative to the QQQ. At just over halfway through the month, continued strength for the remainder would form a bullish monthly candlestick indicative of a possible reversal incoming.

Relative strength in the highest risk assets would be the first sign of a market bounce or bottom.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.