Market Analysis for May 4th, 2021

Here's a quick daily chart dump,  sharing for free (no updates will be posted)

  • NQ + AAPL+AMZN + FB +GOOGL +MSFT +TSLA daily charts....quick scan. 
  • 5/6 mega cap stocks below daily 20EMA, only FB above and remain the strongest of the bunch.
  • NQ broke below 13700 and opened up flood gates quickly, now 13400s...almost near 13200s prior confluence area
  • Know ur timeframes here, could get killed if not careful enough and being too aggressive!
  • Feel free to do your own homework on top of mine
tsla MAY4_REVIEW
tsla MAY4_REVIEW
GOOGL MAY4_REVIEW
GOOGL MAY4_REVIEW
AAPL MAY4_REVIEW
AAPL MAY4_REVIEW
fb MAY4_REVIEW
fb MAY4_REVIEW
msft MAY4_REVIEW
msft MAY4_REVIEW
NQ MAY4_REVIEW
NQ MAY4_REVIEW
Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.