Equities are approaching an intermediate term high

I am on alert for an intermediate to longer term high in Equities and other riskier assets. Similarly, I am looking for government bonds to begin their rally past previous highs.

I expect the high in risk to form within the next 24-72 hours, as the 5th waves take shape.

Below is an hourly chart of the Nasdaq, where waves I through to III seem to be complete. I am now waiting for waves IV and V. It is possible that IV and V waves will form in languid, diagonal fashion, or they could be a spectacular spike higher.