Nasdaq 100 Elliott Wave Daily Update - Thursday, Apr 30

The Nasdaq 100 remains in a strong bullish phase, targeting the 27,900–28,700 range behind earnings momentum and tech strength from Apple and Google.

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Source: DepositPhotos

The market remains in a strong bullish phase driven by earnings momentum and options-related positioning, with the Nasdaq 100 pushing toward new highs. Despite choppy intraday action, the broader trend suggests further upside into the 27,900–28,700 range before a potential larger top forms. Key drivers include big tech strength (notably Apple (AAPL) and Google (GOOGL)), upcoming earnings, and options expiration dynamics influencing short-term volatility.

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