Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]

03/31/2025 01:21:47 GMT|ByPeter Mathers

Elliott Wave trading strategies

This analysis explores Elliott Wave technical insights for major indices and leading tech stocks. The S&P 500 (SPX) and NASDAQ 100 (NDX) are currently undergoing corrective waves (Wave IV or II), hinting at further potential downside. Individual stocks such as Apple, Amazon, Nvidia, Meta Platforms, Netflix, Alphabet, Microsoft, Tesla, and Bitcoin are at various stages of Elliott Wave patterns, each suggesting specific market moves and trading opportunities.

Elliott Wave analysis NASDAQ tech stocks:

SP500 (SPX): Wave IV) or II correction.
NASDAQ 100 (NDX): Wave IV) or II correction.
Apple (AAPL): Wave 5.
Amazon (AMZN): Wave (5) of A) of II.
NVIDIA (NVDA): Wave (5) of A).
Meta Platforms (META): Wave (5) of A) of II.
Netflix (NFLX): Wave 4).
Alphabet (GOOGL): Wave (5) of A) of II.
Microsoft MSFT: Wave (5) of A) of II.
Tesla (TSLA): Wave (B) of 2).
Bitcoin: Wave A) of II.

Key financial events to watch

Monday, March 31:

Chicago Purchasing Managers Index (PMI) for March at 9:45 AM ET.

Video chapters:

00:00 S&P 500 (SPX)
05:47 NASDAQ 100 (NDX)
10:28 Apple (AAPL)
12:21 Amazon (AMZN)
13:43 NVIDIA (NVDA)
26:01 Meta Platforms (META)
28:03 Netflix (NFLX)
15:58 Alphabet (GOOGL)
18:53 Microsoft MSFT
20:33 Tesla (TSLA)
24:08 Bitcoin

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