Elliott Wave Blog -

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

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 BLOG

: 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 Equity markets are currently in a high-stakes "Wave

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

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.

: 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