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Monday, September 14, 2015

Market Will Move 100 S&P Points This Week - FOMC and Quad Witching Create the Perfect Storm


One Option Trading Blog http://ift.tt/1LtDYdA IF YOU WANT MY COMMENTS BEFORE THE OPEN EVERY DAY - GET THE 1OPTION PLATFORM Posted 9:30 AM ET - This morning I posted a chart of the SPY. As you can see, a wedge has formed right in the middle of the trading range between SPY $182 and $205. The FOMC statement on Thursday will spark a massive move in one direction or the other and quadruple witching will add fuel to the fire on Friday. This is a binary event (hike or no hike) and I believe we could see a 100 point move in …

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