Elliott Wave Blog Online

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

Upside targets are set at , with 1.3620 serving as the critical invalidation level. 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 Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets

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 Projections suggest a potential peak near by late April

Likely in a reversal phase following stalls in US-Iran peace negotiations.

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