Tomorrow is the quadruple witching day of the US stocks market. How will the stock market trend?
$IonQ Inc (IONQ.US)$Quadruple witching day is the third Friday of March, June, September, and December in the US stock market. It is the expiration and settlement day for derivative financial products. The last trading hour of the day is called the quadruple witching hour, which is from 3-4 pm New York time. Due to the recent decline in stock trends, this quadruple witching day is the largest short position settlement in US history. It is expected that the bears will continue to sell off to make a profit. The good news is that after the midday settlement, the selling pressure brought by the bears will disappear, and they will start rebuilding their positions. It is expected that there will be a rebound in the second half of the day.
The above are my personal opinions and should not be considered as investment advice. Profits and losses in stock market operations are self-responsible.
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