Wednesday 5 September 2018

NYSE FANG+TM Fang stocks in trouble!

NYSE FANG+TM Fang stocks in trouble as it lost support at bottom end of the cloud, sliced past cloud chart support, and is now below the cloud. Price action below the cloud is overall negative!

Need to see the FANG index regain support at cloud level, if not the downtrend that the front part of the cloud indicates, remains in place.

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