FANGS weakness below regression channel may fall hard

Weakness below the current regression channel may prompt a larger downside move towards the lower price channel. FANGS may pull the US markets a bit lower on weak earnings and weak expectations. I don't expect this downside move to last long as the US economic is on FIRE and the foreign markets are rather weak at the moment. This is just a situation where certain FANG stocks are not able to monetize their business models properly and have been unable to achieve the growth they have projected. They are still growing and they are still earning, but they may have to "tone down" their future expectations as future expectations may be much weaker.