Risk-On: SP500, Nasdaq, And Tech Stocks Show Bullish Momentum

Elliott Wave analysis for the SP500, Nasdaq, and top tech stocks.

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Risk-On Sentiment for Stocks and Indices 

The SP500 is holding support at 6000, and the Nasdaq finds support at 20,000, with many stocks rebounding from recent lows, showing Impulse structures.


Elliott Wave Analysis - NASDAQ Tech Stocks:

  • SP500 (SPX): Wave (iii) of iii) of 5 of (5) of 3
  • NASDAQ 100 (NDX): Wave (iii) of iii) of 5 of (5) of 3
  • Apple (AAPL): Wave (iii) of iii) of 3
  • Amazon (AMZN): Wave (i) of v) of 3
  • NVIDIA (NVDA): Wave i) of 5
  • Meta Platforms (META): Wave iii) of 5
  • Netflix (NFLX): Wave i) of 5
  • Alphabet (GOOGL): Evaluating two possible counts
  • Microsoft (MSFT): A move above Minor Group 1 at 430 could signal a long opportunity with a Classic Trading Levels pattern.
  • Tesla (TSLA): Wave (i) of v), maintaining a Risk-On stance
  • Bitcoin (BTC): Wave 4

Video Length: 00:32:17


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