Elliott Wave Blog -

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

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

Volatility in energy and metals is creating distinct Elliott Wave setups. : Currently unfolding an ABC zigzag rally . The short-term target is the extension area around $110.54 . Gold : Upside targets are set at , with 1

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 The short-term target is the extension area around $110

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

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

Elliott Wave Market Brief: Navigating April’s Turning Points