The Fang Index - Broke Below its Long Term Trend for the First Time In 5 Years

The FANG Index - Losses Its Bite ! The FANG index broke below its long uptrend  and 200 day Moving Average for the first time in 5 years. The FANG have been providing leadership to the US markets for this bull cycle and when it losses its bite the US markets "Last Man Standing " outperformance of the Global Market could be in doubt. The technical damage to the Fang has strenght sifu's view that the US market has peaked for the cycle. Fang's        " Winner Takes All" business model could be faced challenges from regulation with its highly published data breaches for Google and Facebook, another threat faced by these companies are the decentralised technology disruption provided by Block Chain

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