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

Elliott Wave Trading Analysis: SP500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC).
Discover the latest Elliott Wave technical analysis and trading strategies for major stock market indices, leading NASDAQ tech stocks, and Bitcoin.


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Market Summary

The market trend remains strongly bullish. We continue tracking the Elliott Wave progression, moving toward completing Wave (1). We are currently approaching Wave iii) of 3 of (1). Although there are minor variations in the intraday wave counts, all counts suggest higher prices ahead, progressing through a series of wave fours and wave fives.


Elliott Wave Analysis for Key Stocks and Bitcoin

Asset Current Wave Count
SP500 (SPX) Wave 5 of (1)
NASDAQ 100 (NDX) Wave 5 of (1)
Apple (AAPL) Wave 5 of (1)
Amazon (AMZN) Wave (1)
Nvidia (NVDA) Wave 5 of (1)
Meta Platforms (META) Wave (1)
Netflix (NFLX) Wave (3)
Alphabet (GOOGL) Wave 5 of (1)
Microsoft (MSFT) Wave 5 of (1)
Tesla (TSLA) Wave 5 of (1)
Bitcoin (BTC) Wave 5 of (1)


Key Financial Events to Watch – Week of May 5, 2025

  • Monday, May 5:

    • Economic Data: ISM Services PMI

    • Earnings Reports: Ford, Palantir


Video Chapters

  • 00:00 S&P 500 (SPX) Analysis

  • 09:00 NASDAQ 100 (NDX) Analysis

  • 10:46 Apple (AAPL)

  • 12:23 Amazon (AMZN)

  • 15:03 Nvidia (NVDA)

  • 17:04 Meta Platforms (META)

  • 18:39 Netflix (NFLX)

  • 20:21 Alphabet (GOOGL)

  • 23:23 Microsoft (MSFT)

  • 25:14 Tesla (TSLA)

  • 27:55 Bitcoin (BTC)


About the Author

Peter Mathers – TradingLounge™ Analyst
Delivering expert Elliott Wave analysis and trading strategies across global markets.


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