03Mar

Bullish Elliott Wave: Trading Strategies for Tech Giants & Bitcoin

Trading Strategies Update: Elliott Wave Analysis on Key Markets

In this update, we examine the bullish Elliott Wave impulse driving major indices and tech stocks—including the S&P 500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), and Bitcoin (BTC).

Elliott Wave Market Snapshot

  • S&P 500 (SPX): Wave 2 completed
  • NASDAQ 100 (NDX): Wave 4 completed
  • Apple (AAPL): Wave (iii) of i) of 3
  • Amazon (AMZN): Wave (iii) of i) of 3
  • Nvidia (NVDA): Wave (iii) of i) of 1
  • Meta Platforms (META): Wave i of (i)
  • Netflix (NFLX): Watch for support at 1000 for potential long entries
  • Alphabet (GOOGL): Wave (4) trending lower
  • Microsoft (MSFT): Possibly completed Wave (C) of 4
  • Tesla (TSLA): Currently in Wave 4
  • Bitcoin (BTC): Wave 4 completed

After the recent tech stock rally, allow the bullish impulse to finish. Then look for long setups on the abc retracement, particularly on wave b, as the next trading session approaches.

See previous Video: Elliott Wave Analysis SP500 & More...

Key Financial Events This Week

  • Tuesday, March 4, 2025: ISM Manufacturing PMI and related data kick off the week.
  • Wednesday, March 5, 2025: President Trump delivers his first post-reelection address outlining tariff updates; retail earnings from Ross Stores, Best Buy, and Target are reported.
  • Thursday, March 6, 2025: ISM Services PMI release and speeches from key Fed officials ahead of the FOMC blackout.
  • Friday, March 7, 2025: Major corporate earnings (e.g., Broadcom, Costco), additional economic data, and the February jobs report influence market sentiment.

Video Chapters

  • 00:00 – S&P 500 (SPX)
  • 05:04 – NASDAQ 100 (NDX)
  • 04:17 – Apple (AAPL)
  • 06:55 – Amazon (AMZN)
  • 09:02 – Nvidia (NVDA)
  • 10:22 – Meta Platforms (META)
  • 11:48 – Netflix (NFLX)
  • 14:09 – Alphabet (GOOGL)
  • 23:23 – Microsoft (MSFT)
  • 17:24 – Tesla (TSLA)
  • 18:39 – Bitcoin (BTC)

Join Our Trading Community
Experience over 200 markets, live chats with 8 expert analysts, AI-driven Elliott Wave charting, trade portfolios, and more. Don’t miss our exclusive offer – buy one month and get two free months at TradingLounge.

Stay informed by subscribing to our newsletter and following our expert analysis at TradingLounge Blogs.

Risk Disclaimer: This is not financial advice.

 

Related

Berkshire Hathaway (BRK.B) Elliott Wave Analysis: Stock Forecast, ZigZag Correction, Triangle Formation & Technical Outlook

Berkshire Hathaway (BRK.B) Elliott Wave Analysis: Stock Forecast, ZigZag Correction, Triangle Formation & Technical Outlook

Elliott Wave analysis of Berkshire Hathaway Inc. (BRK.B), focusing on a corrective zigzag structure ...

Read More >
New Zealand Dollar/U.S.Dollar (NZDUSD) Elliott Wave Technical Analysis 7 December 23

New Zealand Dollar/U.S.Dollar (NZDUSD) Elliott Wave Technical Analysis 7 December 23

NZDUSD Elliott Wave Analysis Trading Lounge Day Chart dated 7 December 23, provides a comprehensive ...

Read More >
Euro/British Pound(EURGBP) Elliott Wave Technical Analysis 13 December 23

Euro/British Pound(EURGBP) Elliott Wave Technical Analysis 13 December 23

EURGBP Elliott Wave Analysis Trading Lounge Day Chart for 13 December 23, provides a comprehensive a...

Read More >
Alphabet Inc. (GOOGL) Stocks Elliott Wave Technical Analysis: Technical Insights and Future Stock Predictions

Alphabet Inc. (GOOGL) Stocks Elliott Wave Technical Analysis: Technical Insights and Future Stock Predictions

This article provides a comprehensive GOOGL Elliott Wave analysis, detailing Alphabet Inc.'s sto...

Read More >
ASX: WiseTech Global Limited (WTC) - Elliott Wave Analysis, Stock Trends, Technical Charts, Price Forecasts, and Trading Strategies

ASX: WiseTech Global Limited (WTC) - Elliott Wave Analysis, Stock Trends, Technical Charts, Price Forecasts, and Trading Strategies

This article provides an in-depth Elliott Wave analysis for ASX: WiseTech Global Limited (WTC), focu...

Read More >
Precise Market Analysis to Enhance Your AUDJPY Trading Strategy: Australian Dollar/Japanese Yen Elliott Wave Technical Analysis

Precise Market Analysis to Enhance Your AUDJPY Trading Strategy: Australian Dollar/Japanese Yen Elliott Wave Technical Analysis

Dive into a comprehensive analysis of the Australian Dollar/Japanese Yen (AUDJPY) using Elliott Wave...

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