Today's NASDAQ100 and year-end rally!
As you are aware, the VIX is decreasing and the NASDAQ100 is on the rise. Today should be fine, but unless the VIX drops to 14.00-15.99, it will not truly be in an upward trend, and the second week of October is also an important week.
By the way, in the year before last (2023), the NASDAQ100 rose by +2,593 during the year-end rally from November to December. And this year, with the presidential election, additional interest rate cuts (?) and the Year of the Dragon 🐲.
It is said that there is seasonal variation in October, but it is still unclear. Therefore, let's do our best today as well.
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