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US Stock Market Correction Continues: Lower Prices in Play


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The US stock market is currently experiencing a correction, with the lower prices still in play. According to Elliott Wave analysis, the SP500/NASDAQ is in Wave C of 2.  This suggests that the market is in a corrective phase and may be prone to further declines. As a result, trading strategies that take advantage of the short side may be appropriate.
Stock Market Content: SP500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS)
Stock Market Summary:  Corrections lower are still in play
Elliott Wave Analysis: SP500/NASDAQ Wave C of 2
Trading Strategies:  Short Side

Video Chapters
00:00 SP500 / NASDAQ
06:13 Apple (AAPL)
12:29 Amazon (AMZN)
16:44 NVIDIA (NVDA)
21:05 Meta Platforms (META)
26:52 Netflix (NFLX) 
25:55 Enphase (ENPH)
33:20 Tesla (TSLA)
38:06 Alphabet (GOOGL) 
39:55 Microsoft (MSFT)
41:24 Berkshire Hathaway (BRK.B)
42:01 Block Inc. (SQ) 
43:09 Bank of America BAC
44:07 TRIAL Buy 1 Month Get 3 Months 

Analyst Peter Mathers TradingLounge™ 

 

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