14 March 2014

SP 500 and NDX Futures Daily Charts - Quiet Trade, Crimea Vote

Very light volumes today as the markets tended towards jitters, judging by the VIX chart which is below.

FOMC next week, and a triple witch stock option expiration on Friday. But the real attention may be to the referendum vote in the Crimea on Sunday, and any Russian plans to act on a vote for annexation.

Let's see if the wiseguys get a chance to buy the dip and run the shorts sometime next week in honor of the Fed and the triple witch in a squeeze play. Or not. The geopoliticals may have some say in this.

Have a pleasant evening.