Daily Trend Report on the FANG+3 Stocks for October 5, 2020

Sid Norris

Elliott Wave Plus

Daily Trend Report on the FANG+3 stocks for October 5, 2020

Scroll down to view today’s Trend Charts of the FANG+3 stocks (FB, AAPL, AMZN, NFLX, MSFT, GOOGL, & TSLA)

Today’s Summary

The Dow Jones Industrial Average was up 465 points (1.68%), the S&P was up 60 points (1.8%), the NDX was up 253 points (2.25%), and the Russell 2000 was up 42 points (2.77%).  Within the FANG+3 group, all seven stocks were up.  Four of the seven are still on sell signals.  Five of the seven are still in daily downtrends.  Here are today’s educational trend-following-system screenshots:

(click on each screenshot to enlarge)

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Today’s Daily Trend Charts

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