So many people get emotional about $ARKK, same way they do about BTC or $TSLA. I think they are positioned for the Exponential Age and the chart are looks like a consolidation to me. 
Most people would suggest that in an inflation trend, hyper long duration growth doesn't work. But the bond market suggests that inflation is not the problem. The monthly DeMark in yields has worked 100% of the time. sometimes there is a re-test.
The weekly is in place too...
And 4 days from the daily 9...
While financial conditions are tightening from rate of change of Fed balance sheet, rising rates, rising oil costs, rising food costs, rising housing costs, rising dollar, fiscal cliff, etc
Me thinks the the inflation bet is not a one way one in 2022.
Me thinks the the inflation bet is not a one way one in 2022.
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