Nasdaq 100 Elliott Wave Weekly Update - Sunday, Sep 13

Technical Analyst & Trader • Sep 13, 2026 at 4:00 AM EDT

The Nasdaq 100 eyes upside targets of 30,762 and 31,362 as it advances through an intermediate wave 5.

In this week's update I focus on the cash, futures, and QQQs markets. I discuss the current wave structure, suggesting the market was completing or had completed a primary third wave and was within intermediate wave 5, possibly in sub-minuette wave 5.

I noted the presence of corrective patterns, such as triangles, and highlighted key levels like 30,762 and 31,362 for potential upside targets. I also mentioned the influence of options and volatility triggers on market movements, particularly in the QQQs.

External factors like the upcoming FOMC meeting, options expirations, and geopolitical tensions were considered as potential market drivers.

Video Length: 00:26:47

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