Elliott Wave analysis: Nasdaq tech stocks and S&P 500 correction phase strategies [Video]

Peter Mathers TradingLounge

NASDAQ 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave analysis and trading strategies:

Elliott Wave Analysis for NASDAQ Tech Stocks and SP500: Navigating the Correction Phase VIDEO.

NASDAQ 100 (NDX) and SP500 (SPX) are currently in an intermediate or primary wave four, marking the first leg of a correction. Expect a minimum three-wave swing due to the complex nature of wave four. Consider taking partial or full profits during the B wave rally, or ride out the correction if positions are not leveraged. Analysis suggests multiple possible counts for NASDAQ, with one indicating a top, though this seems unlikely for some individual stocks. Stay updated for optimal trading strategies.

Video chapters

00:00 NASDAQ 100 (NDX) SP500.

07:06 Apple (AAPL).

09:38 Amazon (AMZN).

12:47 NVIDIA (NVDA).

16:29 Meta Platforms (META).

18:10 Netflix (NFLX).

19:17 Alphabet (GOOGL).

20:53 Microsoft MSFT.

22:16 Tesla (TSLA).

26:23 Bitcoin.

28:16 End.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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