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FANG vs SPY, signs of a top

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The FANGM close below the 10-day average could signal a bearish shift, which would be amplified by a bearish trend reading on ADX. Note that the FANGM bottomed before the SPY, blue line, in March.
seabek
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Chart PatternsintermarketanalysisTrend Analysis

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Chart PatternsintermarketanalysisTrend Analysis
seabek
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.