Market Outlook:

  • Bullish Trend Continuation: Any downward movements are viewed as part of a bullish corrective pattern within the overarching uptrend of the U.S. markets.
  • Trading Strategy Update: We are postponing short-term trades until after the U.S. elections. With 622 earnings reports expected today and the Federal Reserve meeting on November 7th, this week promises significant market activity.

Elliott Wave Analysis of NASDAQ Tech Stocks:

  • S&P 500 (SPX): Currently in Wave 4 with three bullish wave counts under consideration.
  • NASDAQ 100 (NDX): Progressing through Wave 4.
  • Apple (AAPL): Entered Wave (2).
  • Amazon (AMZN): In Wave iv) of 5 of (1).
  • NVIDIA (NVDA): Advancing in Wave 1 of (5).
  • Meta Platforms (META): Nearing completion of Wave 4.
  • Netflix (NFLX): Completed a Wave 4 Triangle pattern.
  • Alphabet (GOOGL): Currently in Wave 4.
  • Microsoft (MSFT): Holding at 400 support, in Wave A of (2).
  • Tesla (TSLA): Moving through Wave 4 of (1).
  • Bitcoin (BTC): In Wave 4.

Video Chapters
00:00 NASDAQ 100 (NDX). SP500 (SPX).
14:22 Apple (AAPL)
16:11 Amazon (AMZN)
18:23 NVIDIA (NVDA)
19:31 Meta Platforms (META)
22:26 Netflix (NFLX) 
23:03 Alphabet (GOOGL)
25:08 Microsoft MSFT
26:40 Tesla (TSLA)
28:25 Bitcoin
31:44 End

Analyst Peter Mathers TradingLounge™ 
Source: tradinglounge.com
See Previous Video: Nasdaq Tech Stocks Elliott Wave Analysis 
TradingLounge Once Off SPECIAL DEAL: buy 1 month Get 3 months  https://tradinglounge.com/341  

About TradingLounge
https://tradinglounge.com/Blogs
https://tradinglounge.com/About
https://tradinglounge.com/341 (Special Offer, Get Started Here For Best Deal)
https://tradinglounge.com/Pricing
https://tradinglounge.com/Learn
LinkedIn:https://linkedin.com/in/petermathers
Facebook: https://www.facebook.com/tradinglounge/
Twitter: https://x.com/tradinglounge
YouTube https://www.youtube.com/channel/UCcdEzmEGTEYlPoIyHBPXZ4w

Risk Disclaimer - This is not financial advice.

Related

ASX BHP GROUP LIMITED - BHP Elliott Wave Forecast: Wave 3 Surge, $37–$40 Entry Zone & $33.25 Invalidation Technical Outlook

ASX BHP GROUP LIMITED - BHP Elliott Wave Forecast: Wave 3 Surge, $37–$40 Entry Zone & $33.25 Invalidation Technical Outlook

Elliott Wave analysis on ASX: BHP Group, focusing on wave‑3 development. Includes bullish price tar...

Read More >
Adani Enterprises Ltd Stock Analysis and ADANIENT Elliott Wave Analysis With a Focus on Technical Indicators and Market Trends

Adani Enterprises Ltd Stock Analysis and ADANIENT Elliott Wave Analysis With a Focus on Technical Indicators and Market Trends

This article provides an in-depth Elliott Wave analysis of Adani Enterprises Ltd, highlighting poten...

Read More >
Cochlear Limited Stock Forecast: Elliott Wave Technical Analysis of ASX:COH Reveals Bullish Impulse Setup and Price Targets Ahead

Cochlear Limited Stock Forecast: Elliott Wave Technical Analysis of ASX:COH Reveals Bullish Impulse Setup and Price Targets Ahead

This article presents a professional Elliott Wave analysis for Cochlear Limited (ASX: COH), focusing...

Read More >
Anticipated Forex Market Shifts: British Pound/U.S. Dollar Currency Pair and GBPUSD Elliott Wave Technical Analysis

Anticipated Forex Market Shifts: British Pound/U.S. Dollar Currency Pair and GBPUSD Elliott Wave Technical Analysis

This comprehensive GBPUSD Elliott Wave analysis delves into the bearish trend on daily and 4-hour ch...

Read More >
The Home Depot (HD) Stocks Elliott Wave Technical Analysis: Focusing on its Bullish Momentum and Key Levels at $500 Target

The Home Depot (HD) Stocks Elliott Wave Technical Analysis: Focusing on its Bullish Momentum and Key Levels at $500 Target

This article provides an Elliott Wave analysis of The Home Depot (HD) stock, focusing on its bullish...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

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

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

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

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • 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