Elliott Wave Blog -

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.

As of , major indices and commodities are approaching critical Fibonacci clusters. After recent volatility, several assets are finishing corrective phases and setting the stage for their next impulsive moves. Equity Indices: S&P 500 & Nasdaq 100 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