Market Update June 19th

Good Morning,

Today we have quadruple witching, an S&P index rebalance, and Fed Chair Powell speaking at 1 PM. Needless to say all of these events make for very difficult and potentially choppy trading conditions. We will be looking for some day trade opportunities early, but we are highly unlikely to initiate any new swing positions today heading into the afternoon volatility that quad witching and the rebalance bring. Better opportunities will be available next week. Please also note that we will be closing down the screen share at 3 PM today. Stay green and safe in difficult conditions today and have a fantastic weekend!

0 views0 comments