Most stocks are currently in the later stages of their Impulse. Wave iv) within Wave 1.

Key earnings reports are expected this week for several major tech stocks.

Our trading strategy involves waiting for the top, followed by a corrective abc phase downward. After the initial impulse wave completes, we’ll look for a long trade setup for the next swing trade, which may take another week to develop.

Elliott Wave analysis NASDAQ tech stocks

• SP500 (SPX): Wave 1 of (1)
• NASDAQ 100 (NDX): 1 of (1)
• Apple (AAPL): Wave 4)
• Amazon (AMZN): Wave 1
• NVIDIA (NVDA):  Wave 1
• Meta Platforms (META):  Wave 1
• Netflix (NFLX):  Wave 1
• Alphabet (GOOGL): Wave i)
• Microsoft MSFT: Wave 1
• Tesla (TSLA): Wave ii)
• Bitcoin: Wave 1

Video chapters

00:00 S&P 500 (SPX)
07:24 NASDAQ 100 (NDX)
10:18 Apple (AAPL)
12:17 Amazon (AMZN)
16:26 NVIDIA (NVDA)
20:36 Meta Platforms (META)
22:50 Netflix (NFLX) 
24:37 Alphabet (GOOGL)
26:59 Microsoft MSFT
30:32 Tesla (TSLA)
35:50 Bitcoin