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 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
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence – AFSL 317817
Source: tradinglounge.com
Source: https://www.fxstreet.com/news/stock-market-report-elliott-wave-analysis-video-202308302122