Some Thoughts in Trading!
This was an above active week. Week end market thoughts:
The modern day risk on barometer $ARK Innovation ETF(ARKK)$ closed above 45 yesterday— just a day later the trade is in attempt #2.
The index decline peak to trough is 5%. That is a decent pullback. For now, my analysis remains with the notion that a resume to a melt up is more probable versus a deeper 10%+ decline. Breadth continues to do well under the surface with more stocks making new highs than lows.
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