European Close Sparks Reversal In Rally, ARKK Tanks

European Close Sparks Reversal In Rally, ARKK Tanks

Once again, the close of European markets has sparked an immediate reversal in stock trends.

Nasdaq’s surge relative to Small Caps peaked at key resistance and at the EU close…

Source: Bloomberg

ARKK plunged the minute EU closed too…

The dollar also reversed lower…

This is not the first time that everything changed at the European close.

Tyler Durden
Tue, 03/16/2021 – 12:21

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