Elliott Wave Blog May 2026

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

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

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 Upside targets are set at , with 1

Likely in a reversal phase following stalls in US-Iran peace negotiations. Analysts from FXStreet indicate the current rally from

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

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

Elliott Wave Market Brief: Navigating April’s Turning Points