26Aug

"Elliott Wave Analysis: NASDAQ 100, SP500, and Top Tech Stocks - Trading Strategies and Market Forecast"

SP500 and NASDAQ Technical Analysis: 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

See Previous Video: Tech Stocks Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, Bitcoin. Elliott Wave Analysis
Special Trial Offer -  "Join 1 month & Get 3 Months"   Click here tradinglounge.com/341

Related

NextEra Energy Inc.(NEE) Stocks Elliott Wave Technical Analysis: Overview of Current trends in both the Daily and 1-hour Charts

NextEra Energy Inc.(NEE) Stocks Elliott Wave Technical Analysis: Overview of Current trends in both the Daily and 1-hour Charts

This Elliott Wave analysis of NextEra Energy Inc. (NEE) provides a detailed overview of current tren...

Read More >
Capitalize on Uniswap’s Market Momentum: Uniswap Crypto Price News Today UNIUSD Elliott Wave Technical Analysis

Capitalize on Uniswap’s Market Momentum: Uniswap Crypto Price News Today UNIUSD Elliott Wave Technical Analysis

Discover the latest UNIUSD Elliott Wave analysis and Uniswap price prediction. This guide provides i...

Read More >
Enhance your Forex Trading Strategies With New Zealand Dollar/U.S. Dollar (NZDUSD) Forex Elliott Wave Technical Analysis

Enhance your Forex Trading Strategies With New Zealand Dollar/U.S. Dollar (NZDUSD) Forex Elliott Wave Technical Analysis

Our detailed Elliott Wave analysis gives a comprehensive understanding of the NZDUSD currency pair. ...

Read More >
Offering Stock Forecasts and Trading Strategies for ASX LIMITED: ASX Elliott Wave Technical Analysis

Offering Stock Forecasts and Trading Strategies for ASX LIMITED: ASX Elliott Wave Technical Analysis

Explore comprehensive Elliott Wave analysis for ASX LIMITED, offering stock forecasts and trading st...

Read More >
Comprehensive Elliott Wave Analysis of TJX Companies Inc. with Daily and 1-Hour Chart Insights and Stock Projections

Comprehensive Elliott Wave Analysis of TJX Companies Inc. with Daily and 1-Hour Chart Insights and Stock Projections

This Elliott Wave analysis of TJX Companies Inc. (TJX) provides a detailed look at daily and 1-hour ...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on