Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
|NASDAQ stock market Elliott Wave analysis and trading strategies
Dive into comprehensive Elliott Wave analysis and trading strategies for top NASDAQ tech stocks and indices. Our focus includes the NASDAQ 100 (NDX), QQQ ETF, S&P 500 (SPX), SPY, and leading stocks such as Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL).
For the Elliott Wave analysis of NDX tech stocks, we are currently tracking the formation of wave (i) of v) of 1 of (5) of 3). Our main wave count for these stocks and indices remains consistent, indicating that the broader trend is still intact. However, only very short-term trades should be considered for long positions at this time. Swing traders should look to scale out of positions from mid to later this week as the market reaches critical junctures.
Our next significant long trade opportunity is anticipated from the Minor Wave 2 low, where we expect a strong buying signal. While most stocks will follow the general market trends, it's important to note that AMZN and TSLA have different wave counts. Despite this, on an intraday basis, they are likely to move in sync with the broader market, albeit with distinct wave patterns.
Stay tuned for more updates and detailed analysis as we navigate the complex but rewarding landscape of NASDAQ stock market trading using Elliott Wave principles. Our strategies are designed to help you make informed trading decisions and optimize your investment returns.
Video chapters:
00:00 NASDAQ 100 (NDX) SP 500
04:13 Apple (AAPL)
09:34 Amazon (AMZN)
12:14 NVIDIA (NVDA)
14:08 Meta Platforms (META)
15:39 Netflix (NFLX)
16:41 Alphabet (GOOGL)
17:32 Microsoft MSFT
18:31 Tesla (TSLA)
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