Wave Blog | Elliott

Equity markets are currently in a high-stakes "Wave 5" environment. : The index reached a new all-time high on April 22.

: The bullish structure remains valid as long as it holds above the support zone. Nasdaq 100 (NDX) : Current momentum is consistent with a final 5th wave. Projections suggest a potential peak near by late April. Commodities & Forex Highlights ELLIOTT WAVE BLOG

Likely in a reversal phase following stalls in US-Iran peace negotiations. Equity markets are currently in a high-stakes "Wave

Analysts from FXStreet indicate the current rally from late March is likely the fifth wave of a five-wave impulse. : Initial resistance is near , with a secondary equality measure at Nasdaq 100 (NDX) : Current momentum is consistent

Upside targets are set at , with 1.3620 serving as the critical invalidation level.

Traders should look for confirmation through volume before committing to a new directional trend. : Presumed to be starting wave v of 1 on the H4 chart.

Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets $110 Area