7.05.17 Elliott Wave Updates For F.A.N.G. – $FB $AMZN $NFLX $GOOGL

FB – FB has formed at least the 4th wave of the C wave down today so the chances of a downward 3 here have dwindled..

AMZN – If AMZN breaks 982 this week it would setup an attempt at 786 breakout at 992-1000

NFLX – [ms-protect-content id=”61,117,1559″]NFLX needs to bounce to 149 to get a 382 bounce in in a W4 and to stop or buffer the downward C or 3

GOOGL – GOOGL has retraced 382 of the C Wave today so the chances of a downward 3 have dwindled.. [/ms-protect-content]