FED gets to play up the rate cut 1 day before SEP options expiry. They did their policy change statement 1 day before AUG expiry and I think S&P went up 70 pts.
IMO the decline in market we have seen is totally controlled and no matter how we retest the AUG lows in next 2 weeks they are going to rally like no tomorrow when rate cut get announced either before Sep 18th if necessary or on the 18th.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.