Stock Market Report - Elliott Wave Analysis

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels


Stock Market Report: Trading NASDAQ Stocks: Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL.

Stock Market Summary: Working two patterns in the medium-term outlook, one is the ABC corrective rally and the other is a more bullish outlook with Wave i) of 3. The current move up is in a topping phase, allow the top to form and we can look for short term short trades on the first impulse wave lower. If the market is going to be bullish after the top and after the corrective abc pattern, we will look to trade long based on a Classic TradingLevels pattern and the Elliott Wave abc - Wave b top.
Trading Strategies: Protecting profits in this topping process.

Video Length: 00:31:39

Video Chapter
00:00  NASDAQ 100 (NDX) 
08:26 Apple (AAPL)
13:36 Amazon (AMZN)
14:56 NVIDIA (NVDA)
20:09 Meta Platforms (META)
23:03 Netflix (NFLX) 
24:24 Alphabet (GOOGL)
25:57 Microsoft MSFT
29:17 Tesla (TSLA)
31:38 End


More By This Author:

Elliott Wave Technical Analysis: Honeywell International Inc. - Wednesday, Aug. 30
Major World Indices - Elliott Wave Analysis
Elliott Wave Technical Analysis: United Parcel Service Inc. - Tuesday, Aug. 29

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.