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 LIMITED Elliott Wave Technical Analysis: Price Movement Trends, and Trading Strategy for Market Trends

ASX LIMITED Elliott Wave Technical Analysis: Price Movement Trends, and Trading Strategy for Market Trends

Elliott Wave forecast for ASX LIMITED (ASX: ASX), outlining key technical trends, price targets, and...

Read More >
Natural Gas Commodity Elliott Technical Analysis: Strategic Trading Opportunities to help you Navigate the Market Effectively

Natural Gas Commodity Elliott Technical Analysis: Strategic Trading Opportunities to help you Navigate the Market Effectively

Explore our detailed natural gas technical analysis through Elliott Wave theory. Learn about the cur...

Read More >
Asian Paints Stock Forecast Using Elliott Wave: Impulsive Rally Nearing Completion, Expect Reversal and Trading Opportunities Soon

Asian Paints Stock Forecast Using Elliott Wave: Impulsive Rally Nearing Completion, Expect Reversal and Trading Opportunities Soon

Asian Paints is advancing in an impulsive Elliott Wave structure, nearing the final leg of a counter...

Read More >
SEIUSD Elliott Wave Overview: Daily & H4 Chart Guide – Wave 2 Correction, $0.220 Breakout, Fibonacci Setup, Swing‑Trade Strategy

SEIUSD Elliott Wave Overview: Daily & H4 Chart Guide – Wave 2 Correction, $0.220 Breakout, Fibonacci Setup, Swing‑Trade Strategy

This article provides an in‑depth Elliott Wave analysis for SEI/USD on both Daily and H4 charts. It...

Read More >
Actionable Insights on NASDAQ Composite Trading with a Focus on Elliott Wave Analysis and NDX forecasts

Actionable Insights on NASDAQ Composite Trading with a Focus on Elliott Wave Analysis and NDX forecasts

Discover actionable insights on NASDAQ Composite trading with a focus on Elliott Wave Analysis and N...

Read More >
Stock Market Analysis: Elliott Wave Insights & Strategies NASDAQ, AAPL, AMZN, NVDA, TSLA, GOOGL, META, NFLX, MSFT (VIDEO)

Stock Market Analysis: Elliott Wave Insights & Strategies NASDAQ, AAPL, AMZN, NVDA, TSLA, GOOGL, META, NFLX, MSFT (VIDEO)

Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvid...

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