{"id":24494,"date":"2023-03-22T08:50:06","date_gmt":"2023-03-22T08:50:06","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/the-fed-and-the-fang\/"},"modified":"2023-07-01T19:43:31","modified_gmt":"2023-07-01T19:43:31","slug":"the-fed-and-the-fang","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/th\/the-fed-and-the-fang\/","title":{"rendered":"The FED and the FANG"},"content":{"rendered":"\n<p>Good morning Traders!<\/p>\n\n\n\n<p>The fast pace cycle of interest rates hikes by the FED, has seen strong selloff in big tech over the past year. <a href=\"https:\/\/www.fxglobe.com\/markets-not-spooked-by-u-s-fed-rate-hike\/\" data-type=\"post\" data-id=\"24320\">Today\u2019s market<\/a> expectations, is for FED to hike the interest rate by another 0.25%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FANG Index<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/FANG-D-1024x459.png\" alt=\"\" class=\"wp-image-11240\"\/><\/figure>\n\n\n\n<p>The FANG index has been in a downtrend on the Weekly chat over the past year, after reaching a low of around 4100 in November 22, the market found more buyers which were able to confirm a new uptrend on January 23. After a strong push to a new Higher High, the <a href=\"https:\/\/www.fxglobe.com\/major-currencies-5-common-myths-debunked\/\" data-type=\"post\" data-id=\"30709\">market has found Resistance<\/a> at around the 6000 level. And after a pullback to test the 5000 level from above, the market has made it\u2019s way up again, toward the 6000 area.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/FANG-W-1024x456.png\" alt=\"\" class=\"wp-image-11245\"\/><\/figure>\n\n\n\n<p>As the <a href=\"https:\/\/www.atlantafed.org\/research\/economists\/fang-lei\">market moved<\/a> higher fast from it\u2019s swing Higher Low, for a potential setup, I\u2019d like to see further compression of price underneath the 6000 area to allow for a potential tighter stop loss.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/FANG-M-1024x458.png\" alt=\"\" class=\"wp-image-11250\"\/><\/figure>\n\n\n\n<p>However if the market will break the 6000 area without further compression, then I will be looking for a potential retracement setup, if and when the market will pullback to test this level from above.<\/p>\n\n\n\n<p>Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning Traders! The fast pace cycle of interest r [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":20745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"FED and FANG: Trading Insights | %%sitetitle%%","_seopress_titles_desc":"Explore the impact of the FED and the FANG stocks on the market. Gain valuable trading insights and strategies for navigating this dynamic relationship.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[6],"tags":[],"class_list":["post-24494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-6"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/comments?post=24494"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media\/20745"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media?parent=24494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/categories?post=24494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/tags?post=24494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}