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Elliott Wave Analysis: NASDAQ Tech Stocks & SP500 Correction Phase Strategies


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NASDAQ 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave analysis and trading strategies: 

Elliott Wave Analysis for NASDAQ Tech Stocks and SP500: Navigating the Correction Phase

NASDAQ 100 (NDX) and SP500 (SPX) are currently in an intermediate or primary wave four, marking the first leg of a correction. Expect a minimum three-wave swing due to the complex nature of wave four. Consider taking partial or full profits during the B wave rally, or ride out the correction if positions are not leveraged. Analysis suggests multiple possible counts for NASDAQ, with one indicating a top, though this seems unlikely for some individual stocks. Stay updated for optimal trading strategies.

Video Chapters
00:00 NASDAQ 100 (NDX) SP500
07:06 Apple (AAPL)
09:38 Amazon (AMZN)
12:47 NVIDIA (NVDA)
16:29 Meta Platforms (META)
18:10 Netflix (NFLX) 
19:17 Alphabet (GOOGL)
20:53 Microsoft MSFT
22:16 Tesla (TSLA)
26:23 Bitcoin
28:16 End

Analyst Peter Mathers TradingLounge™ 

 

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