NASDAQ ready to continue up.

We are positioning for long entries in the Nasdaq, anticipating that the VIX will continue its decline toward calmer levels at Monday’s open. This aligns with the observed rotation out of defensive sectors and the increasing risk appetite in cyclical and growth-oriented sectors.

The setup suggests a risk-on environment, with potential for sectoral leadership shifts favoring tech and high-beta equities, as implied volatility contracts and market sentiment improves.