Daily Trend Report on the FANG+3 Stocks for September 25, 2020

Sid Norris

Elliott Wave Plus

Daily Trend Report on the FANG+3 stocks for September 25, 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 358 points (1.34%), the S&P was up 51 points (1.6%), the NDX was up 254 points (2.34%), and the Russell 2000 was up 23 points (1.59%).  Within the FANG+3 group, all seven stocks were up.  Six of the seven stocks remain in downtrends on their daily charts.  Based on Elliott Wave theory, next week is likely to be a pivotal week in the stock market.  Here are today’s educational trend-following-system screenshots:

(click on each screenshot to enlarge)

Reminder

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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.

Today’s Daily Trend Charts

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