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
Likely in a reversal phase following stalls in US-Iran peace negotiations. ELLIOTT WAVE BLOG
Upside targets are set at , with 1.3620 serving as the critical invalidation level. As of , major indices and commodities are
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. Upside targets are set at , with 1
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 :
Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets $110 Area