NYSE FANG+ Index Is In A Five-Wave Bullish ImpulseNYSE FANG+ Index, which consists of Facebook(Meta), Amazon, Apple, Netflix, Google, Microsoft, Tesla, Nvidia, AMD and Snowflake, we see it still in strong bullish trend with room for more gains within a projected five-wave cycle. Currently we can see it slowing down within subwave »iv« correction th
NYSE FANG+ Index: wait is better⌛' The NYSE FANG+ Index is a rules-based, equal-weighted equity benchmark designed to track
the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the
technology, media & communications and consumer discretionary sectors'.
Companies included in the index:
Me
FAANG INDEX BREAKS DOWNAs typical with bear markets the unprofitable "growth stocks go first, followed by the profitable stocks on high multiples and the overall index is saved by the large caps due to their weighting in the index.
The FAANG index has now broken down and is looking at a minimum 34 percent loss.
The inde
NYSE FANG+ INDEXIf the index doesn't move above 7422 in February, then I see a high possibility that it will fall below the January low... If not in February, then in March and April.
In this context of the red ABC correction, the red C corresponds to 1.38% fib of the red B.
This schema could serve as an orientatio
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Displays a symbol's price movements over previous years to identify recurring trends.