Welcome back to our latest market update! Our algo trading did extremely well!
Most accounts had a 3.6% up to 5.9% weekly gains!
Averaged monthly it is about 11% - 23.5%!
Last week, the VIX took center stage as a significant player, especially with the impending largest OpEx in history on Friday.
We effectively addressed the lingering gap from the COVID flash crash in 2020, leaving the last gap on the VIX at the upper 40s level.
Meanwhile, the SPX is at near all-time highs, accompanied closely by the Nasdaq.
The pivotal question: Will we witness a surge to new all-time highs this week, or is the
VIX set to rebound from substantial support, aiming for that upper 40s gap?
With a plethora of developments to cover this week, be sure to watch the entire video!
As always, trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!
www.youtube.com/c/investing101channel
Video Link:
https://youtu.be/qoXEETKxWtE?si=qMhsJbsJjYVUcs6
$Cboe Volatility Index(VIX)$ $Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ 100(NDX)$ $Tesla Motors(TSLA)$ $Microsoft(MSFT)$ $Apple(AAPL)$ $Netflix(NFLX)$ $NVIDIA Corp(NVDA)$ $Alibaba(BABA)$ $NIO Inc.(NIO)$ $Alphabet(GOOG)$ $Amazon.com(AMZN)$ $Advanced Micro Devices(AMD)$
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