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Monday, June 20, 2016

Brexit Polls Will Drive the Market This Week - Outcome Will Be Known Friday


One Option Trading Blog http://ift.tt/28J7u6N Posted 9:30 AM ET - As Brexit polls go, so goes the market. Over the weekend two polls gave a slight edge to the "stay" camp. The S&P 500 is up 24 points before the open this morning. This is a major binary event and it will drive global markets for weeks to come. The outcome won't be known until Friday. If England remains in the EU, the S&P 500 will make a new all-time high. If England leaves the EU, the S&P 500 will test the lows of the year. The surprise component is on the downside. England is the …

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