If it wasn’t enough that persistently high inflation and changes in monetary policy by central banks added uncertainty and volatility, we now have to wait for the derivatives markets to expire across 4 different markets. The increased volume will no doubt push the ranges, trapping some traders on the wrong side of the trade. Last month, the dip lower was bought into and the following week pushed higher.
For more trading details, please check the hyperlinks with time stamp indicated from the video: