Elliott Wave analysis: SP500, NASDAQ, tech stocks and Bitcoin [Video]

Summary:

SP 500, NASDAQ and many stocks in Elliott Wave terms are entering a very powerful point in the trend, that is the Wave iii) of 3 of (3). we already have positions in a handful of markets and will add to positions after Wave ii) in the SP 500 and Nasdaq 100.

This will be the long trade trigger.

Trading strategies: Continue building long trades and adding to positions on the next retracement.

Elliott Wave analysis NASDAQ tech stocks: 

• SP500 (SPX): Wave i) of 3 of (3)
• NASDAQ 100 (NDX): Wave i) of 3 of (3)
• Apple (AAPL): Wave iii) of 1
• Amazon (AMZN): Wave ii)
• NVIDIA (NVDA):  Wave v) of 1
• Meta Platforms (META):  Wave 3
• Netflix (NFLX):  Wave 1
• Alphabet (GOOGL): Wave (4) low in place
• Microsoft MSFT: Wave 2
• Tesla (TSLA): Wave (4) In place
• Bitcoin: Wave C of (4)

Key financial events to watch

This week, U.S. financial markets will observe Presidents Day on Monday, February 17, with stock and bond markets closed. 

Thursday, February 20: Walmart is scheduled to report earnings, providing a view into consumer spending trends. 

Throughout the week: Other notable companies reporting earnings include Alibaba, Baidu, Carvana, and Rivian. 

Video chapters:

00:00 S&P 500 (SPX) 
09:35 NASDAQ 100 (NDX)
11:34 Apple (AAPL)
15:48 Amazon (AMZN)
17:41 NVIDIA (NVDA)
19:11 Meta Platforms (META)
21:53 Netflix (NFLX) 
24:54 Alphabet (GOOGL)
27:25 Microsoft MSFT
29:28 Tesla (TSLA)
32:13 Bitcoin