Elliott Wave Plus
Daily Trend Report on the FANG+3 stocks for October 8, 2020
Scroll down to view today’s Trend Charts of the FANG+3 stocks (FB, AAPL, AMZN, NFLX, MSFT, GOOGL, & TSLA)
The Dow Jones Industrial Average was up 122 points (0.43%), the S&P was up 27 points (0.8%), the NDX was up 47 points (0.42%), and the Russell 2000 was up 17 points (1.09%). Within the FANG+3 group, four of the seven stocks were up on the day. The daily trend is up on three of the seven. The average FANG+3 stock has now retraced about 50% of its early September plunge. Here are today’s educational trend-following-system screenshots, including on-chart commentary:
(click on each screenshot to enlarge)
Would you like to see our daily Trend Reports on more items? Try our $25 per month Daily Trend-Reports Plan. Each daily edition includes 20 screenshots of our Daily Trend Charts including trend-change/continuation signals & on-chart commentary. Daily coverage includes the following items:
Dow Jones Industrial Average, S&P-500, Nasdaq 100, Russell 2000, XLE (large-cap oil ETF), KBE (banking sector ETF), GDX (gold miners ETF), German DAX, FTSE (UK 100), EEM (emerging markets ETF), TLT (bonds ETF), Crude Oil (CL), Copper (HG), Gold (GC), Silver (SI), US Dollar Index (DX), EUR/USD, AUD/USD, USD/CAD, Bitcoin (BTC/USD).
Alternatively, our combined Elliott Wave, Fibonacci, and cycles-based forward roadmaps may be more interesting to you at this time. Please click here for information about our different levels of service.
About Elliott Wave Plus
Considering our Elliott Wave & Hurst Cycle analysis in conjunction with indicator-based market monitoring can help traders decide when to get in, get out, or stay on the sidelines. Please check out our resources page for lots of educational content.
Subscriptions: We offer a number of subscription levels. Our unique approach is well worth considering, especially if you’ve never experienced wave labeling and associated Fibonacci price targets, in conjunction with independent Hurst cycle analysis. Here’s more info about subscribing to any of our plans.
(There is risk of loss in all trading. See the full disclaimer at our site.)
“Hello Sid, I’ve been following every weekly webinar now about six months and I have to say that I’ve learned more than ever before in my life including also one year (several times per week) Certified Financial Analyst course and final exam. Will keep following. Thank you very much.”
Click here for many more testimonials spanning the last ten plus years.