11 December 2015

SP 500 and NDX Futures Daily Charts - Wobbly Ahead of Next Week

The Fed is widely expected to raise rates next week. I will show the entire economic calendar in tonight's precious metals commentary.

And next Friday is the December 'quad witching' option expiration.

So what is this really, fear of the Fed, or some antics de luxe ahead of the option expiry?

I'd give it even money at the moment with a lean towards cynicism.

Have a pleasant weekend.