7/5 Lines After Dark
Jynx
Lines After Dark
Midweek Market Update (< 3min read) – November 5, 2025
Yesterday the market is “just hanging on” closing right at line in the sand support levels, and today a clean initial bounce off that support. Once again (& for now) these levels earn the benefit of the doubt. The risk-on barometers ARKK and IWM did well to rally today.
In keeping with my risk tolerance ARKK was cut in half through yesterdays session— no change to the core trade today. Above 85.50 I will like to add back to full exposure, and keep consideration to go overweight above 92. This lot will be risk managed by the 50-day. Exit on daily close below. This might cycle a few times before the lot is secured (or in the opposite scenario the full position is closed).