for a dramatic retreat. Most traders would unwind their trades, and others might reenter the short positions that were closed out in anticipation of the rate cut.
What does this mean for the short term outlook of the SP500?
The only think that we can possibly be confident in happening is that volatility will pick up, while we aren't sure in which direction, Betonmarkets.com allows us to take that guess out of the equation with a up or down bet.
An up or down bet compensates the trader if the index touches either a higher or the lower trigger. This type of trade is useful when you don't know in which direction the index is going to break out to, but you are confident it will break out somewhere.
An up or down with a 45 point trigger in both directions, with a 20 day term on the SP500 returns 8% ROI. This means that the S&P 500 has to rise 45 points in either direction over the next 20 days for you to win.
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Tel: +44 1624 678 883
Url: Betonmarkets.com & Betonmarkets.co.uk
Address: Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street
Douglas, Isle of Man
Betonmarkets.com is the leading fixed-odds financial betting website. The website has processed over 10 million bets since inception in 2000, and generates annual turnover in excess of US$ 100 million. Betonmarkets offers a wide range of fixed-odds financial bets on forex rates, stock indices, and international stocks.
Betonmarkets is operated by the Regent Mark-ets Group of companies. Regent Markets is affiliated to the Regent Pacific Group, a Hong Kong-listed investment group. Regent Markets has offices in three countries, and holds bookmakers licenses in the Isle of Man, the UK, and Malta.
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