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This chart from Steve Cortes of BGC shows that the FANGs (the TFANGs minus Tesla) are starting to approach a pivotal technical position and have begun to exhibit some erosion in relative performance:
Today's gains have been truly breathtaking. We've seen 5% to 10% rises in Acadia Pharmaceuticals (ACAD) and Aerie Pharmaceuticals (AERI) , while Cempr (CEMP) , Intrexon (XON) , Portola Pharmaceuticals (PTLA) and Sage Therapeutics (SAGE) are all up around $3 a share or more.