SP500 (SPX), NASDAQ 100 (NDX), 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:

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Notes:
All the indices and most stocks are exhibiting similar intraday patterns, following a larger corrective wave four formation. I anticipate another new low later this week. While we might see some upward movement during Monday’s trading session, I recommend avoiding long swing trades and instead focusing on scalping opportunities.

Elliott Wave Analysis NASDAQ Tech Stocks: 
SP500 (SPX): Wave 4)
NASDAQ 100 (NDX): Wave 4)
Apple (AAPL): Wave 4)
Amazon (AMZN): Wave (4)
NVIDIA (NVDA):  Wave (2)
Meta Platforms (META):  Wave (4)
Netflix (NFLX):  Wave 4
Alphabet (GOOGL): Wave (4)
Microsoft MSFT: Wave 4)
Tesla (TSLA): Wave (4)
Bitcoin: Wave (4)

Financial Events
Monday, January 6:
Retail Sales (Year-over-Year) data for December in the United States. 

Analyst Peter Mathers TradingLounge™ 
Source: tradinglounge.com 
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