Hamzei Analytics Financial Network: What Fed Taper, Quad Witching OPEX and Summer Solstice can do to your charts (and your risk capital)

Thursday, June 20, 2013

What Fed Taper, Quad Witching OPEX and Summer Solstice can do to your charts (and your risk capital)

Here is the WEEKLY chart of SPX and NDX…. Notice the outside bar reversal and today is only Thursday and tomorrow is Quad-witching OpEx and Summer Solstice. We can see 1566 (WS3 Level) and then 1535 (-1 sigma).

We will maintain our short position on SPX (since 1636) with www.TimerDigest.com for now.

Good Luck…..