Nasdaq 100 Elliott Wave Daily Update - Monday, Apr 27

The Nasdaq 100 enters a consolidation phase as investors await the FOMC’s rate decision and Big Tech earnings.

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Source: DepositPhotos

Markets are currently in a consolidation phase with choppy, short-term moves as traders await key catalysts, especially the FOMC decision and major tech earnings. The outlook remains uncertain, with potential volatility expected mid-week that could determine the next directional move in the Nasdaq and broader market.

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