eBook: How to Hit Call AND Put Gains of 100% Or More on FANG Stocks

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The below offer is brought to you by our associates at BigTrends.com

How to Hit Call and Put Gains of
100% or More on FANG Stocks

Dear Phan,

So much of the popular media talks about the big moves in Facebook, Amazon, Apple, Netflix and Google. But do you have the confidence to trade them effectively?

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Trade Well,

Price Headley, CFA, CMT
BigTrends.com, CEO and Founder

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Indexes Snapshot
Symbol Last Change %
Dow Jones Industrial Average 26966.00 +179.32 +0.71%
NASDAQ Composite 8170.23 +61.14 +0.80%
S&P 500 2995.82 +22.81 +0.81%
SPDR S&P 500 298.71 +2.28 +0.81%
iShares Russell 2000 ETF 156.23 +1.08 +0.72%
U.S. STOCK INDEXES

The September NASDAQ 100 closed higher on Wednesday as it extends the rally off June's low. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low, April's high crossing at 7910.75 is the next upside target. Closes below the 20-day moving average crossing at 7639.70 would confirm that a short-term top has been posted. First resistance is today's high crossing at 7892.75. Second resistance is April's high crossing at 7910.75. First support is the 20-day moving average crossing at 7639.70. Second support is June's low crossing at 6969.00.

The September S&P 500 closed higher on Wednesday an into uncharted territory. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's low into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 2923.93 are needed to confirm that a short-term top has been posted. First resistance is today's high crossing at 3000.30. Second resistance is unknown. First support is the 20-day moving average crossing at 2923.93. Second support is the 50-day moving average crossing at 2890.82.

The Dow gapped up and posted a new all-time high close on Wednesday. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally above last-October's high crossing at 26,951.81 into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing at 26,399.03 would confirm that a short-term top has been posted. First resistance is today's high crossing at 26,966.00. Second resistance is unknown. First support is the 10-day moving average crossing at 26,688.15. Second support is the 20-day moving average crossing at 26,399.03.



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