31Mar

Elliott Wave Trading Strategies: SP500, NASDAQ 100, and Top Tech Stocks Analysis

Elliott Wave Trading Strategies: SP500, NASDAQ 100, and Top Tech Stocks Analysis

Unlock insights into the current Elliott Wave technical analysis and trading strategies for 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 Analysis Overview

Currently, the S&P 500 (SPX) and NASDAQ 100 (NDX) indices are undergoing corrective waves, identified as Wave IV or possibly Wave II, indicating potential further downside.

Detailed Elliott Wave Breakdown:

  • SP500 (SPX): Wave IV or II correction

  • NASDAQ 100 (NDX): Wave IV or II correction

  • Apple (AAPL): Currently in Wave 5

  • Amazon (AMZN): Wave (5) of A within a larger Wave II correction

  • NVIDIA (NVDA): Wave (5) of A, signaling potential downward continuation

  • Meta Platforms (META): Wave (5) of A of a larger Wave II

  • Netflix (NFLX): Undergoing Wave 4 correction

  • Alphabet (GOOGL): Wave (5) of A, part of a larger corrective Wave II

  • Microsoft (MSFT): Wave (5) of A, larger Wave II structure

  • Tesla (TSLA): Currently in Wave (B) of Wave 2 correction

  • Bitcoin (BTC): Undergoing Wave A of a larger Wave II correction

Key Financial Events

  • Monday, March 31: Watch for the Chicago Purchasing Managers Index (PMI) release at 9:45 AM ET.

Stay Updated with TradingLounge

Stay informed and ahead of market trends by subscribing to our newsletter. Gain exclusive access to expert analysis on Elliott Wave patterns and potential trading setups across over 250 global markets.

  • Special Offer: BEST VALUE Elliott Wave Service - Buy 1 Month, Get 2 FREE Months!

Why Choose TradingLounge?

  • Direct communication with Elliott Wave analysts in our chat rooms

  • Advanced AI & Algorithmic Elliott Wave charting tools

  • Comprehensive trading portfolios

Video Chapters

  • 00:00 S&P 500 (SPX)

  • 05:47 NASDAQ 100 (NDX)

  • 10:28 Apple (AAPL)

  • 12:21 Amazon (AMZN)

  • 13:43 NVIDIA (NVDA)

  • 26:01 Meta Platforms (META)

  • 28:03 Netflix (NFLX)

  • 15:58 Alphabet (GOOGL)

  • 18:53 Microsoft (MSFT)

  • 20:33 Tesla (TSLA)

  • 24:08 Bitcoin

Connect with TradingLounge

Stay ahead with TradingLounge—your ultimate resource for Elliott Wave insights and trading strategies.

 

BEST VALUE ELLIOTT WAVE SERVICE

Talk directly with our expert analysts in our Chat Lounge! Get 2 FREE Months now: https://tradinglounge.com/341

  • Access over 200 markets

  • Interactive Chat Rooms

  • Advanced AI & Algorithmic Elliott Wave Charting

  • Comprehensive Trade Portfolios

Stay ahead with expert Elliott Wave analysis and strategic market updates at TradingLounge. https://tradinglounge.com/341

Related

ASX LIMITED Elliott Wave Technical Analysis:  Stock Forecast, Price Targets, Market Outlook, and Trading Strategy for Investors

ASX LIMITED Elliott Wave Technical Analysis: Stock Forecast, Price Targets, Market Outlook, and Trading Strategy for Investors

ASX Elliott Wave analysis provides a comprehensive technical outlook on ASX LIMITED stock, identifyi...

Read More >
Dow Jones (DJI) Elliott Wave Technical Analysis: Key Insights on Market Trends and Forecast

Dow Jones (DJI) Elliott Wave Technical Analysis: Key Insights on Market Trends and Forecast

This comprehensive Dow Jones Elliott Wave analysis examines both daily and weekly chart movements, f...

Read More >
British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 19 October 23

British Pound/U.S.Dollar (GBPUSD) Elliott Wave Technical Analysis 19 October 23

In summary, the GBPUSD Elliott Wave Analysis for 19 October 23, delivers valuable insights into the ...

Read More >
XERO LIMITED's Stock Analysis & XRO Elliott Wave Technical Forecast, Price Movements In the ASX Market Outlook

XERO LIMITED's Stock Analysis & XRO Elliott Wave Technical Forecast, Price Movements In the ASX Market Outlook

Explore an in-depth Elliott Wave analysis for XERO LIMITED (ASX: XRO) with key insights into the cur...

Read More >
Spotify Technology S.A. (SPOT) Stock Forecast Using Elliott Wave Analysis: Technical Chart Outlook, and Price Target Toward $800

Spotify Technology S.A. (SPOT) Stock Forecast Using Elliott Wave Analysis: Technical Chart Outlook, and Price Target Toward $800

Spotify Technology S.A. (SPOT) applies Elliott Wave Theory to both daily and intraday 1-hour charts....

Read More >
Australian Dollar / Japanese Yen (AUDJPY)  Forex Elliott Wave Technical Analysis: Forecast and Trading Insights

Australian Dollar / Japanese Yen (AUDJPY)  Forex Elliott Wave Technical Analysis: Forecast and Trading Insights

This article provides a comprehensive Elliott Wave analysis of the AUDJPY currency pair, examining c...

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