So we are bottoming. We talked about this in yesterdayβs newsletter and the long-legged doji It looks like itβs confirmed as we move over the high of yesterday. While we can base It does look like the lows are in. If we retest, We will be stopped on some of these. I think we could accelerate into the close.
One thought there are a lot of newsletters that are short $ARKK and saying she is going to have a liquidity crunch. Itβs a non-levered fund. Itβs not possible. She could have redemptions. Massive redemptions at that but there will be no margin call or forced sale. The shorts have overplayed the hand. The top holdings of $ARKK are $TDOC $SQ $TSLA $PLTR