U.S. Stock Market - Elliott Wave Analysis

Cutout paper illustration representing scheme and Stocks inscription

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Stock Market Content: SP500, 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 and Bank of America BAC.

Stock Market Summary: Over the last week as the market has been moving higher the volume has generally been decreasing, confirming divergence between price and volume and now we are seeing a significant move lower, a possible top is in play, however, an impulse wave is required to confirm a turn. Also, not all stocks will turn on the same day.
Elliott Wave Analysis: NASDAQ Possible top in play, that said, we now need to see an impulse wave down.
Trading Strategy: If the Nasdaq does end up with five waves down from the top (Impulse wave) then we can look to short-trade the counter-trend the abc corrective rally and I talk more about this in the video.

Video Length: 01:00:20

Video Chapters
00:00 SP500 / NASDAQ 100
11:11 Apple (AAPL)
20:55 Amazon (AMZN)
26:37 NVIDIA (NVDA)
32:05 Meta Platforms (META)
34:02 Netflix (NFLX) 
35:30 Enphase (ENPH)
38:31 Alphabet (GOOGL) 
46:08 Microsoft (MSFT)
49:09 Berkshire Hathaway (BRK.B)
49:40 Tesla (TSLA)
55:40 Block Inc. (SQ) 
56:37 Bank of America BAC
01:00:20 Thanks for supporting


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