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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
