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E-Mini S&P 500; Triple Witching wobble?

The E-Mini S&P 500 had an inside to higher day Friday as we had anticipated.  Volatility seems to be increasing in the marketplace as the newswires heat-up with calamities.  We were oversold from the previous moves lower, so it was only natural to retrace higher.  (Please read Thursday’s report for our anticipated high!)  Another factor, was the Triple Witching;  An event that occurs when the contracts for stock index futures, stock index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December.


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