Trading strategies: SP500, Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Bitcoin [Video]


SP500 and NASDAQ Overview: We’re currently observing Elliott Wave pattern i of (iii) of iii) of 5 of (1) of I.

Market Momentum: Friday’s strong close suggests upward momentum heading into Monday, with Elliott Wave counts confirming this bullish trend.

Trading strategy

Day Traders: Consider long positions for Monday.

Swing Traders: Continue holding long positions in alignment with the trend, likely until Wednesday or Thursday when we approach Wave v) of 5.

Detailed analysis for key tech stocks

The NASDAQ stocks, including Apple (AAPL), Tesla (TSLA), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), and Bitcoin (BTC), are moving in sync with the broader indices on an intraday basis. However, Amazon (AMZN) is showing a more complex Wave 4 corrective pattern that may develop further before resuming the trend.

For detailed Elliott Wave counts and trading setups, watch the full analysis video.

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 technical analysis and trading strategies: 

Video chapters

00:00 NASDAQ 100 (NDX) SP500 (SPX).

04:14 Apple (AAPL).

06:38 Amazon (AMZN).

09:20 NVIDIA (NVDA).

13:42 Meta Platforms (META),

15:43 Netflix (NFLX).

18:23 Alphabet (GOOGL).

20:36 Microsoft MSFT.

22:12 Tesla (TSLA).

24:12 Bitcoin.

28:29 End.

Chart

Share: Feed news

As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.

Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without considering your objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in securities and derivatives products is appropriate for you considering your financial circumstances.

Recommended content


Recommended content

Editors’ Picks

EUR/USD stays weak near 1.0400 as trading conditions thin out

EUR/USD stays weak near 1.0400 as trading conditions thin out

EUR/USD trades with mild losses near 1.0400 on Tuesday. The expectation that the US Federal Reserve will deliver fewer rate cuts in 2025 provides some support for the US Dollar. Trading volumes are likely to remain low heading into the Christmas break.

EUR/USD News
GBP/USD consolidates below 1.2550 on stronger US Dollar

GBP/USD consolidates below 1.2550 on stronger US Dollar

GBP/USD consolidates in a range below 1.2550 on Tuesday, within striking distance of its lowest level since May touched last week. The sustained US Dollar rebound and the technical setup suggest that the pair remains exposed to downside risks. 

GBP/USD News
Gold holds above $2,600, bulls non-committed on hawkish Fed outlook

Gold holds above $2,600, bulls non-committed on hawkish Fed outlook

Gold trades in a narrow channel above $2,600 on Tuesday, albeit lacking strong follow-through buying. Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD, while the Fed’s hawkish shift acts as a tailwind for the USD and caps the precious metal.

Gold News
IRS says crypto staking should be taxed in response to lawsuit

IRS says crypto staking should be taxed in response to lawsuit

In a filing on Monday, the US International Revenue Service stated that the rewards gotten from staking cryptocurrencies should be taxed, responding to a lawsuit from couple Joshua and Jessica Jarrett.

Read more
2025 outlook: What is next for developed economies and currencies?

2025 outlook: What is next for developed economies and currencies?

As the door closes in 2024, and while the year feels like it has passed in the blink of an eye, a lot has happened. If I had to summarise it all in four words, it would be: ‘a year of surprises’.

Read more
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures