Nasdaq 100 (NDX) and SP500 (SPX) are currently in an intermediate or primary wave four, marking the first leg of a correction. Expect a minimum three-wave swing due to the complex nature of wave four. Consider taking partial or full profits during the B wave rally, or ride out the correction if positions are not leveraged. Analysis suggests multiple possible counts for Nasdaq, with one indicating a top, though this seems unlikely for some individual stocks. Stay updated for optimal trading strategies.Video Chapters
00:00 Nasdaq 100 (NDX) SP500
07:06 Apple (AAPL)
09:38 Amazon (AMZN)
12:47 NVIDIA (NVDA)
16:29 Meta Platforms (META)
18:10 Netflix (NFLX)
19:17 Alphabet (GOOGL)
20:53 Microsoft MSFT
22:16 Tesla (TSLA)
26:23 Bitcoin
28:16 End More By This Author:Elliott Wave Technical Analysis: Cocoa – Friday, July 19
Elliott Wave Technical Analysis: Visa Inc. – Friday, July 19
Unlocking ASX Trading Success: CSL Limited
