The dismantling of the ARKK will roil the markets, especially certain issues (TSLA).
Volatile trading ahead.
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Month: May 2021
Weekly Update
I expect further gains off of Wednesday's low.
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Base in Place
Time for more rally.
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Selling Squall
The inability for bears to follow through today may mean we simply saw a calendar-based 'selling squall' per the Spiral Calendar relationship shown in Sunday's post. But continued selling now would indicate a more substantial low in place .
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Monthly Update
There are some indications prices may begin to weaken. But the inability to break support levels intraday says the bulls remain in control.
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