Elliott Wave Analysis: U.S. Stocks
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Stock Market Report Nasdaq 100, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Berkshire Hathaway (BRK-B), Block, Inc (SQ), Meta Platforms (META), Netflix (NFLX), Enphase (ENPH), Alphabet (GOOGL), Bank of America (BAC) and Johnson & Johnson (JNJ)
Stock Market Summary: The SP500, Nasdaq and many stocks are in corrective mode and are not completed. There are also the Q1 earnings this week for many of the stocks that we follow, so much the same as last week, we should expect a choppy market.
Elliott Wave Analysis: Corrective pattern for most of the stocks, I think this can be completed by Wed. Of course, there are stocks like AMZN that are trending higher.
Trading Strategy: Waiting for the corrective pattern to be completed.
Video Length: 00:31:04
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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817