Mar. 27 at 3:51 AM
Hormuz risk premium is getting priced in FAST — and growth is taking the hit first 📉
$ARKK getting wrecked — down 3.59% today, -16.30% QTR, trading at
$67.39 with RSI 38.94 and sitting 8.45% below its 50-SMA. That's not a dip, that's a breakdown. Small caps also fading:
$AFMC -1.75% at
$35.41,
$AFSM -2.12% at
$32.81 — both below their 20 & 50-SMAs with RSI sub-45 ⚠️
With ~21M barrels/day flowing through the Strait of Hormuz, any escalation spikes oil and crushes risk assets. Buffer plays like
$BAPR and value factor
$AVUV start looking smarter vs. naked growth exposure here.
Watching
$AFSM's 200-SMA at
$32.41 as key support. Lose that, it gets ugly.
#Geopolitics #ETFs #RiskManagement