TradingShot

ARK ETF repeating Dow's Great Depression?

Long
AMEX:ARKK   ARK Innovation ETF
The ARK Innovation ETF (ARKK) ever since (even before) its Peak on February 16 2021, has been printing a pattern similar to the one that Dow Jones (DJI) formed during the 1920s/30s Great Depression.

Right now it appears to have rebounded on Leg (f), which is the market bottom, and is pulling back to form Leg (h). According to Dow's blueprint, ARK should rebound aggressively above the 0.382 Fibonacci retracement level to Leg (i).

Do you think the worst is over for the tech driven ETF?

-------------------------------------------------------------------------------

** Please LIKE ๐Ÿ‘, FOLLOW โœ…, SHARE ๐Ÿ™Œ and COMMENT โœ if you enjoy this idea! Also share your ideas and charts in the comments section below! **

-------------------------------------------------------------------------------

๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ
๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡ ๐Ÿ‘‡

๐Ÿ‘‘Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

๐Ÿ’ฐFree Channel t.me/tradingshotglobal
๐ŸคตContact info@tradingshot.com t.me/tradingshot

๐Ÿ”ฅNew service: next X100 crypto GEMS!
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.