Jump to content

SP500, NDX, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM, Elliott Wave


Recommended Posts

Stock Market Report:NASDAQ & NYSE. SP500,NASDAQ 100, 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,Bank of America BAC and Johnson & Johnson (JNJ)
Stock Market Summary: Leading stocks are leading, and the following stocks are following higher and will continue to move to higher price levels.
Elliott Wave Analysis: SP500 and NASDAQ have completed their bullish corrective patterns and we can expect further highs in the next session and Monday.
Trading Strategy: Long side. 

Video Chapters
00:00 NASDAQ 100 SP 500
01:02 Apple (AAPL)
09:01 Amazon (AMZN)
12:37 NVIDIA (NVDA)
14:37 Meta Platforms (META)
20:44 Netflix (NFLX) 
22:52 Enphase (ENPH)
24:28 Alphabet (GOOGL)
25:03 Microsoft (MSFT)
27:02 Berkshire Hathaway (BRK.B)
31:26 Tesla (TSLA)
35:09 Block Inc. (SQ) 
35:38 Bank of America (BAC) JPMorgan Chase (JPM)
38:27 Johnson & Johnson (JNJ)
41:09 Thanks for supporting

Analyst Peter Mathers TradingLounge™ 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Wheat Elliott Wave Analysis - 23 February 24 Function - Counter-trend Mode - Corrective Structure - Zigzag Position - Blue wave b of black wave Y Direction - Blue Wave c of black wave Y Details - Wheat bounced off the 555 support price level, as expected, to complete blue wave ‘b’ at the marked supply zone. If wave X does not get invalidated at 605 and the price breaks below 569, blue wave ‘c’ should be underway toward 530 at least.  In analyzing Wheat from an Elliott wave perspective, despite the current bounce, there remains a strong likelihood for a return to the downside to continue the bearish trend initiated since March 2022. Let's delve into our analysis: Examining the daily timeframe, the nearly two-year bearish trend has shown no significant inclination to reverse course. A textbook bearish impulse wave pattern from 1364 is evident, with the blue-labeled impulse wave decline now nearing completion of its 5th wave through an ending diagonal pattern. However, it's crucial to note that the ending diagonal 5th wave itself is in its 5th wave, indicating that Wheat may be approaching its bottom, a position not seen since the commencement of the bearish trend. While this pattern appears clear, confirmation of the completion of wave (5) of the diagonal awaits a breach above the 650 medium level from the current position. Failure to breach this level would likely lead to further decline toward the 500 medium level. Utilizing the h4 chart aids in comprehending the sub-waves of (5) and their role within the broader framework. Transitioning to the H4 timeframe, a double zigzag (wave W-X-Y in black) bearish move commenced at the 650 medium level. Wave X finalized as a triangle at 605 before breaking downside to confirm the onset of wave Y. With wave Y expected to unfold in 3-waves, blue sub-wave ‘a’ concluded at the 553 support level, followed by a bounce in 3-waves for blue sub-wave ‘b’. Subsequent movement anticipates blue sub-wave ‘c’ initiating another sharp bearish move below 553, targeting 530 or lower. Confirmation for the sub-wave ‘c’ decline has been set at 569, with an invalidation level established at 605, where wave X terminated. A breach beyond this level would necessitate a reassessment of the outlook for black wave Y. This analysis exemplifies our application of Elliott wave theory to navigate the market's intricacies. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!        
    • Thanks for sharing the Ethereum analysis! It's great to hear that Ethereum is still trending up. Looks like we're in the middle of a positive pattern with more moves to go. The indicators are looking good too, with the price above MA200 and bullish momentum on Wave Oscillators.
    • As customary with nascent innovations finding its feet, cryptocurrency has generally faced dissent from a lot of entities, the most recent of which is the Nigerian Government’s ban of Binance, Coinbase and Octafx. These seeming concerted efforts by the government is aimed at averting what it considers ‘’continuous manipulation of the Crypto and Forex Market and illicit movement of funds’’. Binance has recently confirmed the inability of some of its Nigerian users from accessing its website. The government contends that it moved against binance and other firms to curb money launderers from executing their criminal activities. But sha, who this one come epp? Lol.  Following this recent announcement, certain services have been shutout to Nigerian crypto users, this has caused hysteria and panic among Nigerian Crypto Savvy geeks. While the concerns of the Nigerian Government may seem valid, other regulatory compliant platforms are still being operational in the country. Hence, users are advised to leverage on these alternative platforms for crypto services. Personally, I recommend a reliable CEX like Bitget owing to its immensely easy P2p and crypto investing pedigree. It is a worthy alternative if you ask me. It can cater to every crypto use-case taking a cue from its features. Others like Bybit and MEXC also exist.
×
×
  • Create New...
us