The NASDAQ 100 continues to lurch forward with the rest of the stock market indices. Four days spent in a 17-point range kept the index below the anticipated 2655 closing value until Friday, when a strong advance brought it close to the 2700 level. Still at 2X in this choppy market, the Self-Adjusting Trend Following strategy closed the week up just over 2% for the third week in a row. Looking back, the last time the index was near 2700 was the prior period when STF was 2X. The shift to 1X took place around 2639, and the shift back to 2X at 2612 was four weeks ago. For the month of July, STF produced a positive gain of 1.69%

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