RECORD $6 TRILLION QUAD WITCHING BALANCES ISRAEL IRAN WAR IN STOCK MARKET, SWITZERLAND CUTS RATES
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Record 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:
- The chart shows the stock market has pulled back from the bottom band of zone 1 (resistance). Zone 1 has been the magnet for traders.
- RSI on the chart shows the stock is neither overbought nor oversold. RSI on the chart shows internal momentum in the stock market is slowing.
- Quadruple witching is today. A record $6T notional value of derivatives will expire.
June 20, 2025