watching the FANG stocks for major support breaks

the 4 fangs of the market, facebook, amazon, google and netflix which have held up during the fall so far are all set to break major support soon. This will not be good for the market which has seen rapidly deteriorating market internals. Case in point the summation index which is an indicator of market breadth never turned positive in the recent rally to 2080. http://ift.tt/1OQDkIz

Submitted January 07, 2016 at 05:24AM by rajveers http://ift.tt/1ISrVvv