SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, Top US Stocks Elliott Wave 06 Mar 2023
We are seeing an Elliott Wave Impulse wave (five waves) to the upside, this will top shortly into an abc retracement then another five waves up
The stock market is currently experiencing a five-wave upward movement known as an Elliott Wave Impulse wave, which is expected to soon reach its peak before undergoing an ABC corrective retracement. Following this retracement, there will likely be another five-wave upward movement. The Elliott Wave Analysis of the SP500/NASDAQ shows that we are currently in Wave i) of 3 of (3). The recommended trading strategy is to hold long positions and add more positions during the corrective retracement, which is expected to occur on Tuesday.
Stock Market Content: SP500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL and Bank of America BAC.
Video Chapters
00:00 SP500
05:10 Apple (AAPL)
13:31 Amazon (AMZN)
15:17 NVIDIA (NVDA)
17:42 Meta Platforms (META)
19:54 Netflix (NFLX)
21:21 Enphase (ENPH)
24:57 Tesla (TSLA)
29:13 Alphabet (GOOGL)
30:58 Microsoft (MSFT)
32:43 Berkshire Hathaway (BRK.B)
36:07 Block Inc. (SQ)
38:01 Bank of America BAC
42:52 Thanks for supporting
You CAN REACH ME via:
LinkedIn: https://linkedin.com/in/petermathers
Facebook: https://www.facebook.com/tradinglounge/
Twitter: https://twitter.com/tradinglounge
TradingLounge gives you a great start.
https://tradinglounge.com/ABOUT
Looking to Refine Your Trading and Technical Analysis Skills?
TradingLounge SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/
#commodities #futures #commodity_markets
Risk Disclaimer - This is not financial advice.
The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. TradingLounge accepts no responsibility for any use that may be made of these comments and for any consequences that result.
TradingLounge™ uses a range of technical analysis tools, such as Volume Analysis, TradingLevels, Elliott Wave, software, and fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.
The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading losses or profits
This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us,
consider the appropriateness of the advice considering your own objectives, financial situation or needs.
Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products such as Indices, stocks & shares, Forex, CFDs, Options, Spread Betting etc.
derivatives of any kind / products are appropriate for you considering your financial trading circumstances.
As with any trading or investing opportunity there is a risk of making losses especially in day trading. Trading Lounge takes no responsibility for your profits or losses.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently riskier than others. At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser.
Derivatives such as Futures, Options, Contracts for Difference (CFDs) & Spread Betting etc.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
#commoditiesmarkets #commoditytrading #commodityfuturestrading #spotgold #silver #crude #crudeoil
#copper #dxy #elliottwave #ironore #technicalanalysis #commodities #commodity #naturalgas
#dollarindex #futurestrading #commodityanalyst #elliottwavegold #elliottwavetoday #futurestradingstrategies