Archive by tag: tech stock earningsReturn
Market Update: Preparing for the Next Trade Setup
27Jan

Market Update: Preparing for the Next Trade Setup

PeterM | 27 Jan, 2025 | stock market update, Elliott Wave analysis, trading strategies, market trends, tech stock earnings, swing trade setup, impulse wave, corrective phase, investment opportunities, technical analysis | US Stocks | 0 Comments |
Most stocks are approaching the final stages of their Impulse, currently in Wave iv) within Wave 1. Major tech earnings reports are due this week, which could influence market direction. Our strategy focuses on anticipating the top, followed by a corrective abc phase downward. Once the initial impulse wave concludes, we will seek a long trade setup for the next swing trade, which could take about a week to materialize.
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