After a challenging start to the year, we have successfully recovered from the entire drop, as we had prepared you for in the previous video, anticipating a relief rally.
The NDX is still forming a lower high, but it is now once again challenging the top we reached at the end of last year. This is happening concurrently with the approach of the biggest Options Expiry (OpEx) for single stocks in the year, which currently seems to be heavily weighted towards calls. What does this indicate for the upcoming week and the week following? Be sure to watch until the end!
This week, our algo earnings were nothing short of impressive – on fire, to be exact!
We've bounced back with gains ranging from 1% to 3.3%, marking a significant rebound from the past two weeks, which were only four trading days each. The return to a full trading week has clearly made a notable impact on our earnings, showcasing the importance of normal volume levels.
The majority of accounts experienced gains in the range of 2-3%, with the exception of the 1k account and the recently initiated 10k account (without XAU), which still managed solid 1+% gains for the week. When we zoom out to the monthly picture, we're looking at an impressive average gain of 8% to 13%!
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As always, trade safe and invest wise!
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Video Link:
https://youtu.be/RE6rmQjwFGg?si=vFZhi5F87rdsjUDZ
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