F&G Annuities & Life Inc

FG remains in a Stage 4 downtrend with sequential lower highs and lower lows, trading below declining EMAs and SMAs. The medium-term tradable side is bearish, and short-term timing is favorable as price breaks below support with strong selling volume. We should sell now into rallies around the declining 9EMA/20EMA cluster near the $24–25 area. A reclaim above these EMAs and the 50-day SMA would invalidate the bearish thesis.

• ↑AUM rose 8% YoY to $74.7B, driven by positive asset flows.
• ↑Core retail sales hit $1.8B in Q2, record indexed annuity sales.
• ↓Alternative investments earned $49M, below 12% long-term target.