Jump to content

SP500 & NASDAQ Insights: AAPL, AMZN, NVDA, TSLA, and More with Elliott Wave Analysis


Recommended Posts

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:

Elliott Wave Analysis NASDAQ Tech Stocks: 
Elliott Wave (ii) of  iii) upwards for SP500 and NASDAQ 100. Stocks have a variety of counts but remain bullish except TSLA, MSFT and GOOGL. Trading Strategy is holding long with our current trades in stocks and indices

Financial Events
Oct. 14, is Columbus Day, a federal holiday. Stock and bond markets typically follow the federal holiday schedule, but the New York Stock Exchange and Nasdaq will operate normal hours Monday.

Video Chapters
00:00 NASDAQ 100 (NDX). SP500 (SPX).
14:55 Apple (AAPL)
16:06 Amazon (AMZN)
18:45 NVIDIA (NVDA)
21:08 Meta Platforms (META)
23:15 Netflix (NFLX) 
24:51 Alphabet (GOOGL)
25:26 Microsoft MSFT
27:32 Tesla (TSLA)
30:37 Bitcoin
35:36 End

Analyst Peter Mathers TradingLounge™ 
Source: tradinglounge.com 

 

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

    • Memecoins are taking the market by storm, PEPE just hit an all-time high, skyrocketing from $0.00011992 to $0.00002273, and smashing a $10B market cap with over $17.7B in 24-hour trading volume. Love them or hate them, these coins are rewriting the rules.
    • QCOM Elliott Wave Analysis Trading Lounge QUALCOMM Inc., (QCOM) Daily Chart QCOM Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: ZigZag POSITION: Wave (C) of 2. DIRECTION: Downside in wave (C). DETAILS: Looking for further downside into Primary degree wave 2. There is a possibility we have a much larger top in place at 230$ and we are actually within a larger degree correction. QUALCOMM Inc., (QCOM) 1H Chart QCOM Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: ZigZag POSITION: Wave 1 of (C). DIRECTION: Bottom in wave 1. DETAILS: Looking for a bottom in wave 1 to then pullback into wave 2 where you could start to look for shorts. 0.618 (C) vs. (A) stands at 140$. This Elliott Wave analysis of QUALCOMM Inc., (QCOM) outlines both the daily and 1-hour chart structures, highlighting the current trends and possible future price movements. * QCOM Elliott Wave Technical Analysis – Daily Chart* On the daily chart, QCOM appears to be in the final leg of a ZigZag correction, specifically within wave (C) of Primary degree wave 2. The stock has likely completed a larger top around $230 and is now in a corrective phase. The expectation is for further downside as wave (C) unfolds. A deeper correction may occur, especially as the broader corrective structure continues to play out. * QCOM Elliott Wave Technical Analysis – 1H Chart* On the 1-hour chart, QCOM is potentially completing wave 1 of (C). After wave 1 concludes, a pullback in wave 2 is expected, which could provide a shorting opportunity. The Fibonacci 0.618 retracement level of wave (C) vs. wave (A) is estimated around $140, serving as a potential downside target in the larger corrective move. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!  
    • IBEX 35 Elliott Wave Analysis - Trading Lounge Day Chart IBEX 35 (Spain) Daily Chart Analysis IBEX 35 Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Gray Wave 2 Position: Orange Wave 3 Direction (Next Higher Degrees): Gray Wave 3 Details: Gray wave 1 appears completed; gray wave 2 within orange wave 3 is active. Wave Cancellation Invalidation Level: 10,289.18 Analysis Overview The IBEX 35 Elliott Wave analysis on the daily chart by Trading Lounge indicates a counter-trend movement within the Spanish stock index, which is currently in a corrective mode. The analysis highlights that gray wave 2 is developing within the broader orange wave 3, signaling a corrective phase. This stage suggests a pause or temporary reversal in the broader upward trend, reflecting a shift in momentum. Wave Details Gray wave 1 appears complete, paving the way for gray wave 2 to progress as part of the larger wave structure. Within the Elliott Wave framework, wave 2 typically represents a counter-trend retracement, characterized by periods of consolidation or price correction. The ongoing corrective phase within orange wave 3 suggests the index may experience a temporary dip before resuming an upward trajectory in subsequent phases, particularly within the higher-degree gray wave 3. Key Level: Invalidation Threshold A crucial invalidation level is established at 10,289.18:   IBEX 35 Elliott Wave Analysis - Trading Lounge Weekly Chart IBEX 35 (Spain) Weekly Chart Analysis IBEX 35 Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction (Next Higher Degrees): Continuation of Orange Wave 3 Details: Orange wave 2 appears complete; orange wave 3 within navy blue wave 3 is active. Wave Cancellation Invalidation Level: 10,289.18 Analysis Overview The IBEX 35 Elliott Wave analysis on the weekly chart by Trading Lounge highlights a bullish trend for the Spanish stock index, supported by an impulsive wave structure. Currently, orange wave 3 is advancing as part of the broader navy blue wave 3, suggesting sustained upward momentum in the IBEX 35 as the wave structure unfolds. Wave Details The completion of orange wave 2 has enabled the continuation of orange wave 3, which is typically one of the most significant and powerful phases in the Elliott Wave sequence. This phase often signals notable price increases, as wave 3 carries the strongest movements in the direction of the trend. Positioned within navy blue wave 3, the ongoing orange wave 3 further reinforces the positive outlook for IBEX 35, indicating a continuation of bullish momentum. Key Level: Invalidation Threshold The invalidation level is set at 10,289.18: If the IBEX 35 index falls to or below this level, the current wave structure will be invalidated. A drop below this threshold may signal a pause or reversal in the upward trend, necessitating a reassessment of the Elliott Wave structure and overall trend direction. This threshold is critical for confirming the continuation of the bullish trend and identifying any potential disruptions to the wave structure. Summary and Recommendations The weekly analysis presents a bullish outlook for the IBEX 35, with orange wave 3 actively progressing within navy blue wave 3, signaling further upward momentum. Traders should monitor the index closely in relation to the invalidation level at 10,289.18, as any movement below this point could challenge the current bullish wave structure. This level serves as a crucial checkpoint to validate the strength and continuity of the ongoing trend. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!  
×
×
  • Create New...
us