$ARKK, rarely a bottom is flat, so probably it's either a consolidation pattern here (blue lines) which means a pause first before break down, or, if break down here then measured move (tinted area) down. http://bbs.cobrasmarketview.com/ ... mp;p=292353#p292353
It's the very first touch of EMA20 in a long time, in theory (pay attention to this, as I really feel difficult to trust bears) the rebound should be sold around here $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=292355#p292355