{"id":2513,"date":"2021-07-19T15:37:00","date_gmt":"2021-07-19T15:37:00","guid":{"rendered":"https:\/\/tradejolt.com\/wordpress\/?p=2513"},"modified":"2021-07-19T15:38:07","modified_gmt":"2021-07-19T15:38:07","slug":"arkk-confirming-our-analysis","status":"publish","type":"post","link":"https:\/\/tradejolt.com\/wordpress\/arkk-confirming-our-analysis\/","title":{"rendered":"ARKK Reinforcing Our Analysis"},"content":{"rendered":"

Checking on our Featured Trade, ARKK gapped lower today, which was expected by our technical analysis.<\/p>\n

click to enlarge
\n<\/a><\/p>\n

After gapping down to $113, our calendar spread is mildly profitable. But it's not worth the trading fees to close it. I expect ARKK to temporarily bounce up to test recent highs around $118, then resume its trend down.<\/p>\n

What makes me think that is the original prognosis, calling for a mirrored move down to $110-111 levels. But confirming that is an examination of the bearish convergence still appearing on the lower lows made by recent price and RSI waves.<\/p>\n

We'll see if time proves us right.<\/p>\n

Disclosure: Options investing is inherently risky. This is not a solicitation to buy or sell. Please read our options disclaimer<\/a> on this site before trying to emulate any trade shown here.
\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Checking on our Featured Trade, ARKK gapped lower today, which was expected by our technical analysis. click to enlarge After gapping down to $113, our calendar spread is mildly profitable. But it’s not worth the trading fees to close it. I expect ARKK to temporarily bounce up to test recent highs around $118, then resume […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2513","post","type-post","status-publish","format-standard","hentry","category-trades"],"_links":{"self":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/2513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/comments?post=2513"}],"version-history":[{"count":2,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/2513\/revisions"}],"predecessor-version":[{"id":2516,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/2513\/revisions\/2516"}],"wp:attachment":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/media?parent=2513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/categories?post=2513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/tags?post=2513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}