Triple Witching In Play

Institutions are rolling positions and that is impacting the price action.

PRE-OPEN MARKET COMMENTS THURSDAY - The last two days the market was in a gradual drift lower. Large institutions roll positions during triple witching and when the momentum is steady in one direction they "goose" the move by legging out of positions. The move lower has been consistent since the high Monday and it accelerated into the close. This morning, those loses have largely been erased.

Daily Bulletin Continues...