12.12.16 Elliott Wave Updates For F.A.N.G.- $FB $AMZN $NFLX $GOOGL

FB – FB Appears to be correcting in a zigzag W2, and worst case scenario minimum is a drop back to the previous 4 at 116.5-117

AMZN – AMZN is correcting in a perfect A = C zigzag back to 757 after 5 waves up..if it breaks 767 it would setup a Wave 3

NFLX – [ms-protect-content id=”61,117,1559″] NFLX is correcting in a rounded W2, and if it can reverse over 125 it would setup a Wave 3

GOOGL – GOOGL has been untouched by the big corrective wave today, but it may catch up with it shortly.. [/ms-protect-content]