Author: Sebastian Montague

In the ever-evolving landscape of the stock market, maintaining an insightful and forward-looking perspective is crucial for investors and analysts alike. Since the outset of April, we’ve upheld a bullish stance on the stock market, with a particular focus on the NASDAQ100 (NDX). This optimism wasn’t unfounded; as more pricing data filtered through, we deployed the Elliott Wave (EW) Principle to forecast the trajectory of the index. According to our analysis, the NDX was predicted to ascend to a peak of approximately $21400, marking the climax of what we’ve termed the (orange) Wave-3. This peak would then be followed by…