|

Elliott Wave trading strategies for S&P 500, Nasdaq and tech stocks [Video]

Unlock Elliott Wave trading strategies for top markets

Explore our in-depth analysis and trading strategies covering key markets including the SP500, NASDAQ 100, leading tech giants like Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, and Bitcoin.

Market overview and trading strategy

  • SP500 (SPX): Currently in wave 2 corrective retracement—ideal for initiating long trades on indices and most stocks.

  • Current trades: We’re long in Meta Platforms and Nvidia while holding a short position in Tesla.

Elliott Wave insights by market

  • SP500 (SPX): Wave a) of 2 of 3.

  • NASDAQ 100 (NDX): Wave a) of 2 of 3.

  • Apple (AAPL): Wave (i) of c) of 2.

  • Amazon (AMZN): Wave 2.

  • Nvidia (NVDA): Wave v) of 1.

  • Meta Platforms (META): Wave 3.

  • Netflix (NFLX): Wave 1.

  • Alphabet (GOOGL): Wave i) of C of 4 (or 2).

  • Microsoft (MSFT): Wave 2.

  • Tesla (TSLA): Wave (4).

  • Bitcoin (BTC): Wave C of 4.

Key financial events to watch

  • Wednesday, February 12: January CPI expected at a 2.9% YoY increase.

  • Thursday, February 13: January PPI forecasted to rise by 3.2%.

  • Friday, February 14: January Retail Sales Data will offer insights into consumer trends.

Video walkthrough chapters

  • 00:00 – S&P 500 (SPX).

  • 04:37 – NASDAQ 100 (NDX).

  • 08:16 – Apple (AAPL).

  • 10:22 – Amazon (AMZN).

  • 13:07 – Nvidia (NVDA).

  • 13:59 – Meta Platforms (META).

  • 16:04 – Netflix (NFLX).

  • 18:15 – Alphabet (GOOGL).

  • 19:53 – Microsoft (MSFT).

  • 21:10 – Tesla (TSLA).

  • 24:18 – Bitcoin.

  • 35:00 – End.

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

More from Peter Mathers
Share:

Editor's Picks

EUR/USD ticks higher to near 1.1800 ahead of flash German inflation data

The EUR/USD pair trades marginally higher to near 1.1810 in the late Asian trading session on Friday, ahead of the release of preliminary inflation data for February from Germany and its major states during the day.

GBP/USD struggles to lure buyers amid UK political drama, BoE easing bias

The GBP/USD pair struggles to build on the overnight modest bounce from the 1.3445 area, or the weekly low, and oscillates in a narrow band during the Asian session on Friday. Spot prices currently trade just below the 1.3500 psychological mark, nearly unchanged for the day, and seem vulnerable to slide further.

Gold awaits acceptance above $5,200 and US PPI data

Gold consolidates previous rebound near $5,200 amid risk-off markets, awaiting US PPI release. The US Dollar eyes a flattish weekly close as dovish Fed outlook and tariff woes outweigh geopolitical risks. Gold yearns for acceptance above $5,200 to resume the uptrend, with a bullish RSI in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.