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Triple Witching happens when expiration and rollover of futures and options contracts takes place.
This happens on the third Friday of March, June, September, and December.
Trading Psychology
1. Triple Witching Days have little volume and direction. Day traders need these 2 things to know a market direction and to be able to get in and out of positions.
2. Long green candlesticks indicate that the Bulls are in control and buyers are far greater than sellers.
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