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Posts
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By tradinglounge · Posted
SP500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave technical analysis and trading strategies: Risk on for stocks and Indices. SP500 supported on 6000 and the Nasdaq supported on 20,000 with many stocks pushing up of their current lows with Impulse structures. Elliott Wave Analysis NASDAQ Tech Stocks: SP500 (SPX): Wave (iii) of iii) of 5 of (5) of 3) NASDAQ 100 (NDX) Wave (iii) of iii) of 5 of (5) of 3) Apple (AAPL): Wave (iii) of iii) of 3 Amazon (AMZN): Wave (i) of v) of 3 NVIDIA (NVDA): Wave i) of 5 Meta Platforms (META): Wave iii) of 5 Netflix (NFLX): Wave i) of 5 Alphabet (GOOGL): Working two counts Microsoft MSFT: If a Classic Trading levels pattern is created on Minor Group 1 430 then we can move in long. Tesla (TSLA): Wave (i) of v) Risk On Bitcoin: (BTC): Wave 4 Financial Events JOLTS Job Openings ADP Non-Farm Employment Change Video Chapters 00:00 SP500 (SPX) 03:16 NASDAQ 100 (NDX) 05:53 Apple (AAPL) 12:08 Amazon (AMZN) 15:43 NVIDIA (NVDA) 20:26 Meta Platforms (META) 22:26 Netflix (NFLX) 24:19 Alphabet (GOOGL) 26:04 Microsoft MSFT 27:11 Tesla (TSLA) 28:35 Bitcoin 31:48 End Analyst Peter Mathers TradingLounge™ Source: tradinglounge.com -
By tradinglounge · Posted
BAJAJ AUTO – BAJAJAUTO (1D Chart) Elliott Wave Technical Analysis Function: Counter Trend (Minor degree, Grey) Mode: Corrective Structure: Impulse within larger degree corrective structure. Position: Minor Wave 1 Grey Details: Minor Wave 1 is potentially complete around 9080 levels. If correct expect a counter trend rally to materialize soon to terminate Minor Wave 2 Grey. Invalidation point: 12900 BAJAJ AUTO Daily Chart Technical Analysis and potential Elliott Wave Counts: BAJAJ AUTO daily chart is indicating a potential high in place around 12900 mark terminating Intermediate Wave (5) Orange. Furthermore, prices have turned lower and carved an impulse wave reaching almost 9000 mark at the time of writing. If the above is correct, the stock should produce a corrective rally against recent lows and reach through the 11000 mark in the next few trading sessions. Earlier, the stock had dropped through 3000-100 range around December 2021. Since then, a five wave rally could be clearly seen as Minor Waves 1 through 5, reaching the 12900 mark. Bears have remained in control since then, dragging prices through 9000 levels. Expect a counter trend rally to materialize soon. BAJAJ AUTO – BAJAJAUTO (4H Chart) Elliott Wave Technical Analysis Function: Counter Trend (Minor degree, Grey) Mode: Corrective Structure: Impulse within larger degree corrective structure. Position: Minor Wave 1 Grey Details: Minor Wave 1 is potentially complete around 9080 levels. If correct expect a counter trend rally to materialize soon to terminate Minor Wave 2 Grey. Invalidation point: 12900 BAJAJ AUTO 4H Chart Technical Analysis and potential Elliott Wave Counts: BAJAJ AUTO 4H chart is highlighting the sub waves from Minor Wave 3 Grey, which terminated around 10100-200 zone in June 2024. Minor Wave 5 rallied through 12900 mark sub dividing into five waves. Furthermore, the drop from all-time highs has now reached 9000 levels at the time of writing. It is pretty close to taking out previous Wave 4 of one lesser degree around 8770 mark. The initial drop between 12900 and 9000 levels is an impulse. If correct, a rally should soon resume from here to carve Minor Wave 2 Grey. Conclusion: BAJAJ AUTO has terminated Minor Wave 1 close to 9000 levels or is near to completion. Bulls should be preparing to come back in control to carve Minor Wave 2 Grey. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here! -
The cryptocurrency market is experiencing dynamic shifts, with Web3 innovations impacting sectors like GameFi, DAOs, and Real-World Assets (RWA). Despite a 1.09% decrease in global market capitalization, Bitcoin maintains a 55% dominance. Notably, Ripple's XRP has surpassed Solana in market cap and is approaching Tether, potentially positioning itself just behind Ethereum. XRP's growth has been hindered by the SEC's lawsuit, which accused Ripple of conducting an unregistered securities offering. However, a recent court ruling determined that XRP is not a security, marking a significant victory for Ripple and the broader crypto industry. The political landscape also plays a crucial role. Under the leadership of Chair Gary Gensler, the SEC aggressively pursued litigation against major crypto exchanges. However, with the re-election of Donald Trump, there's an expectation of a more lenient approach towards crypto firms, potentially pausing ongoing lawsuits and negotiating favorable settlements. Given these developments, XRP is well-positioned to influence the future of finance, especially with anticipated changes in U.S. government policies favoring the digital asset industry.
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Question
Wendyxu0726
Hi IG Community,
I was trying to buy a certain Chinese stock in my UK ISA account but got the message that I could not because of the associated tax wrapper.
Does anyone know why is this and how to resolve that? or does this mean that I cannot deal any Chinese stock with ISA?
Thanks
0 answers to this question
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