Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
Summary:
Analyzing both bullish and bearish Elliott Wave counts for the SP500 and NASDAQ.
The focus is on treating current market lows as completed and identifying how and when to enter long trades.
As the rally from the lows may still be either impulsive or corrective, a cautious and tactical approach is required on the bullish side.
- SP500 (SPX): Wave 1.
- NASDAQ 100 (NDX): Wave1.
- Apple (AAPL): Wave (C).
- Amazon (AMZN): Wave 1.
- NVIDIA (NVDA): Wave 1.
- Meta Platforms (META): Wave 1.
- Netflix (NFLX): Wave 1.
- Alphabet (GOOGL): Wave 1.
- Microsoft MSFT: Wave 1.
- Tesla (TSLA): Wave C) lower.
- Bitcoin: Wave IV.
Key financial events to watch
Monday, March 24:
- S&P Global Flash U.S. Manufacturing PMI (March): An early indicator of manufacturing sector performance.
- S&P Global Flash U.S. Services PMI (March): Provides insight into the services sector’s health.
Video chapters
00:00 S&P 500 (SPX)
07:26 NASDAQ 100 (NDX)
13:05 Apple (AAPL)
15:13 Amazon (AMZN)
16:57 NVIDIA (NVDA)
18:34 Meta Platforms (META)
20:47 Netflix (NFLX)
22:59 Alphabet (GOOGL)
25:07 Microsoft MSFT
27:15 Tesla (TSLA)
29:58 Bitcoin
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