Sep 182015
Trading has been cautious overnight as market digest the FOMC announcement that rates are to be left alone over concerns with the China slowdown and recent US stock market selloff. One Fed member suggested that rates may go negative in 2016. Today is quadruple witching with expiration of futures, futures options, stock options, & single stock futures. The witching can cause unexplained volatility. Size bias is short into the US session open on more Globex volume than we’ve seen in a while…
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