QUAD WITCHING TO THE UPSIDE, TRUMP SAYS FED PLAYING POLITICS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Quad Witching
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- Quad witching is tomorrow.
- In quadruple witching, stock index futures, futures options, stock options, and single stock futures expire. Quadruple witching often leads to volatility.
- In The Arora Report analysis, quad witching is to the upside. As of this writing, the buying is extremely aggressive.
- The chart shows that the stock market has broken above the support/resistance zone.
September 19, 2024