Daily Stock Market Update

Daily Stock Market Update

Quad Witching Week & Stock Market Correction Coming Soon

Tom's avatar
Tom
Jun 17, 2024
∙ Paid

This is Quadruple Witching Week, with options expiration on Friday. Our analysis indicates a potential market correction is coming at the end of this week or early next week. Both the S&P 500 and Nasdaq 100 currently exhibit an unusually high level of net in-the-money call premium, which could trigger a rapid 3-5% market downturn.

Following this correcti…

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