🚀Interesting pattern on the ARKK/SPX chart (Cathie Wood's funds to S&P 500)
Every time, the same pattern can be observed:
🟢long accumulation period,
🟢breakout trend upwards,
🟢rapid impulse and… start of the alt season.
Special attention should be paid to the nature of the growth — the upward movement occurs very quickly, and the peak is reached in a short period of time.
The current structure looks almost identical to past cycles. Everything is very close, everything is nearby 😎