|

US stock market Elliott Wave analysis [Video]

ELLIOTT WAVE ANALYSIS Tesla (TSLA) Amazon (AMZN) Apple (AAPL) Alphabet (GOOGL) Facebook (FB) Meta Platforms (META) Microsoft (MSFT) Technical Analysis & Day Trading Strategies

Video Chapters:
00:00 Amazon (AMZN).
06:35 Alphabet (GOOGL).
10:09 Apple (AAPL).
13:46 Square (SQ).
16:08 Meta Platforms (META).
19:54 Tesla (TSLA).
27:07 Microsoft (MSFT).
35:10 Thanks for watching!

US Stocks Amazon AMZN, Alphabet GOOGL, Apple AAPL, Microsoft MSFT, Facebook FB, Meta Platforms META, Tesla TSLA. Elliott Wave Analysis counts below.

Stock strategies and analysis overview: In most case, stocks have rallied into their 61.8% retracement level targets as wave two. So we now look for short trade setups, but as explained in the video, we need to be cautious, as the market still looks bullish and in this case we also need to prepare for long trades too.

US Stocks Elliott Wave Analysis:
Amazon AMZN  Elliott Wave Wave (ii) of y) of Y of (4)
Alphabet GOOGL  Elliott Wave ii) of C of (4)
Apple AAPL  Elliott Wave  Wave  (4)
Microsoft MSFT  Elliott Wave ii) of C of (4)
Square SQ Elliott Wave v) of C of (4)
Facebook FB Metaverse  Elliott Wave (4)
Tesla TSLA  Elliott Wave ii) of C of (4)


 

Author

Peter Mathers

Peter Mathers

TradingLounge

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

More from Peter Mathers
Share:

Editor's Picks

AUD/USD eyes 100-SMA hurdle near 0.7035 as hawkish RBA counters firmer USD

AUD/USD regains positive traction on Tuesday and climbs to 0.7030 during the Asian session, reversing the previous day's corrective slide from a one-month high as hawkish RBA rate expectations continue to support the Aussie. Spot prices, however, remain below the 100-day SMA pivotal resistance amid a firmer US Dollar as traders brace for Australia’s September CPI report on Wednesday ahead of the Fed rate decision.

USD/JPY sticks to modest gains above 157.50 as traders await Fed, BoJ meetings

USD/JPY attracts buyers for the third straight day, recovering further from a one-month low ahead of Wednesday’s FOMC decision and the BoJ policy update on Friday. Meanwhile, expectations that the BoJ may hold off on aggressive rate hikes weigh on the Japanese Yen, and the US Dollar advances to a nearly two-week high, supporting the currency pair.

Gold holds above $4,000 as traders brace for Fed interest rate decision

Gold edges higher during American trading hours on Tuesday after trading in negative territory earlier in the day. A slight decline in Oil prices offers some relief, although a firmer USD limits the upside as traders await the Fed’s monetary policy announcement on Wednesday.

Crypto Today: Bitcoin, Ethereum and XRP on edge as sell-side pressure intensifies

Cryptocurrency prices are broadly correcting on Tuesday, led by Bitcoin (BTC) edging lower below the pivotal $80,000 level. Ethereum (ETH) mirrors Bitcoin’s neutral-to-bearish outlook, while Ripple (XRP) hovers around $1.30.

Experts agree: Fed policy outlook and geopolitical tensions keep US Dollar bid

The US Dollar Index rallies 0.6% in three days and hits fresh two-week highs above 102.00. Investors return to the US Dollar as markets brace for a hawkish hold by the Fed on Wednesday. Waning hopes of any immediate US-Iran peace deal have provided additional support to the safe-haven USD.

What November 3 means for the Fed's rate path and the US Dollar

The USD faces a decisive period ahead of the November 3 midterm elections. While markets anticipate another interest rate increase from the Fed in December, the battle for control of Congress could reshape fiscal policy expectations and, indirectly, the path of US monetary policy in 2027.