{"id":200467,"date":"2024-12-04T09:08:32","date_gmt":"2024-12-04T14:08:32","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/chart-advisor-staring-into-the-danger-zone-ahead\/"},"modified":"2024-12-05T10:31:49","modified_gmt":"2024-12-05T10:31:49","slug":"chart-advisor-staring-into-the-danger-zone-ahead","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/chart-advisor-staring-into-the-danger-zone-ahead\/","title":{"rendered":"Chart Advisor: Staring Into the Danger Zone Ahead"},"content":{"rendered":"\n

By Gordon Scott, CMT<\/a><\/p>\n\n\n\n

1\/ A Historic Moment of Failure<\/strong><\/p>\n\n\n\n

2\/ The Looming Threat of a Selloff<\/strong><\/p>\n\n\n\n

3\/ Sometimes the Market Shrugs it Off<\/strong><\/p>\n\n\n\n

Investopedia is partnering with CMT Association on this newsletter.  The contents of this newsletter are for informational and educational purposes only, however, and do not constitute investing advice. The guest authors, which may sell research to investors, and may trade or hold positions in securities mentioned herein do not represent the views of CMT Association or Investopedia. Please consult a financial advisor for investment recommendations and services.<\/em><\/p>\n\n\n\n

1\/<\/h2>\n\n\n\n

A Historic Moment of Failure<\/strong><\/p>\n\n\n\n

The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the nonfarm payroll report<\/a> is released on Friday. However, the notably small trading range delivered on Monday and Tuesday for State Street\u2019s S&P 500 ETF (SPY), is a bit of evidence that something more sinister may be lurking around the corner.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Past performance is not indicative of future results<\/p>\n\n\n\n

The analysis goes like this: professional fund managers know that there are higher tax consequences for closing a position in less than a year. They try to avoid doing so when they can, so they tend to hold positions for at least one year. When that year happens to be unusually strong, it becomes difficult to avoid the temptation to take some profits, so they do.\u00a0<\/p>\n\n\n\n

Of course this behavior would be meaningless if only a handful of portfolio managers took action in this manner. However if many of them do so at the same time, it could create a nasty selloff in the market. It has happened before, most notably in the 13 months that followed the low point (March 9, 2009) of the financial crisis. May of 2010 brought an unexpected flash crash which was never fully explained away by computer glitches or bad orders. <\/p>\n\n\n\n

No other selloff has been as drastic as that, but many such smaller ones have shown up. If such a selloff were to take place, would there be any way to anticipate it? One way might be to identify a significant press of buyers in a one-month period. If a critical mass of buyers were to enter the market, enough so that it would push index prices unusually high in a one-month period, that might start the clock ticking in a coordinated way for many investment positions.  <\/p>\n\n\n\n

If you look for a quantity, for SPY, a 7% rise or better seems to be enough to do the trick most of the time, while 10% or more is an even stronger indicator. Over the past 25 years, the average gain for SPY during any given month is just over one half of one percent. During months that lag a 10% gain in SPY by 13 months, the average performance is just under 0%. Meaning, selloffs often (though not always) will occur just over a year from the time a critical mass of investments gets started. If you\u2019ve followed along so far, you\u2019re probably now pondering the question: where are we now on this timeline?<\/p>\n\n\n\n

2\/<\/h2>\n\n\n\n

The Looming Threat of a Selloff<\/strong><\/p>\n\n\n\n

November of 2023 saw an unusual rise in prices on SPY. That month saw a 10.2% gain take place. It isn\u2019t difficult to surmise that many portfolio managers opened or enlarged positions during that time.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Past performance is not indicative of future results<\/p>\n\n\n\n

Since then, with a rare exception, the market has trudged higher each month, marking a year over year performance of 32%.<\/p>\n\n\n\n

3\/<\/h2>\n\n\n\n

Sometimes the Market Shrugs it Off<\/strong><\/p>\n\n\n\n

This kind of a pullback doesn\u2019t always happen and it doesn\u2019t always create a drastic pullback or the start of a bear market. But it is possible that it could provide the catalyst to spark significant selling. The last time this phenomenon appeared, the result was mild.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Past performance is not indicative of future results<\/p>\n\n\n\n

February of 2023 produced a period where prices rose 10.1% in 20 days, and 13 months later, March of 2024, SPY underwent an 8% pullback from its previous apex. The market barely took notice, but even so, it was the only significant selloff of last year other than the moments of uncertainty created by the emergence of the Harris campaign. <\/p>\n\n\n\n

There will be plenty of uncertainty to go around, politically and economically, in the January upcoming.  If investors decide en masse to move to the sidelines, the unexpected selloff could be noteworthy, and something worth preparing for.<\/p>\n\n\n\n

—
Originally posted 4th December 2024<\/p>\n","protected":false},"excerpt":{"rendered":"

By Gordon Scott, CMT 1\/ A Historic Moment of Failure 2\/ The Looming Threat of a Selloff 3\/ Sometimes the Market Shrugs it Off Investopedia is partnering with CMT Association on this newsletter.  The contents of this newsletter are for informational and educational purposes only, however, and do not constitute investing advice. The guest authors, which […]<\/p>\n","protected":false},"author":186,"featured_media":200468,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[335,146,147,8,12,153,22,148,7],"tags":[1061,1063,955],"contributors-categories":[503],"class_list":{"0":"post-200467","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-etfs","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-stocks","13":"category-technical-analysis","14":"category-text-articles","15":"category-traders-insight","16":"tag-nyse","17":"tag-spdr","18":"tag-spy","19":"contributors-categories-investopedia"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nChart Advisor: Staring Into the Danger Zone Ahead<\/title>\n<meta name=\"description\" content=\"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/200467\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart Advisor: Staring Into the Danger Zone Ahead\" \/>\n<meta property=\"og:description\" content=\"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll report\u00a0is released on Friday. However, the notably small trading range delivered on Monday and Tuesday for State Street\u2019s S&P 500 ETF (SPY), is a bit of evidence that something more sinister may be lurking around the corner.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-04T14:08:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-05T10:31:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2884\" \/>\n\t<meta property=\"og:image:height\" content=\"1446\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"Article\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Contributor Author\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t },\n\t \"headline\": \"Chart Advisor: Staring Into the Danger Zone Ahead\",\n\t \"datePublished\": \"2024-12-04T14:08:32+00:00\",\n\t \"dateModified\": \"2024-12-05T10:31:49+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/\"\n\t },\n\t \"wordCount\": 749,\n\t \"commentCount\": 0,\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/12\\\/l6mq8zqI-1.png\",\n\t \"keywords\": [\n\t \"NYSE\",\n\t \"SPDR\",\n\t \"SPY\"\n\t ],\n\t \"articleSection\": [\n\t \"ETFs\",\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Stocks\",\n\t \"Technical Analysis\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/\",\n\t \"name\": \"Chart Advisor: Staring Into the Danger Zone Ahead - IBKR Campus EU\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/12\\\/l6mq8zqI-1.png\",\n\t \"datePublished\": \"2024-12-04T14:08:32+00:00\",\n\t \"dateModified\": \"2024-12-05T10:31:49+00:00\",\n\t \"author\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t },\n\t \"description\": \"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll report\u00a0is released on Friday. However, the notably small trading range delivered on Monday and Tuesday for State Street\u2019s S&P 500 ETF (SPY), is a bit of evidence that something more sinister may be lurking around the corner.\",\n\t \"breadcrumb\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#breadcrumb\"\n\t },\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/12\\\/l6mq8zqI-1.png\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/12\\\/l6mq8zqI-1.png\",\n\t \"width\": 2884,\n\t \"height\": 1446,\n\t \"caption\": \"S&P 500 ETF Candle stick chart\"\n\t },\n\t {\n\t \"@type\": \"BreadcrumbList\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-staring-into-the-danger-zone-ahead\\\/#breadcrumb\",\n\t \"itemListElement\": [\n\t {\n\t \"@type\": \"ListItem\",\n\t \"position\": 1,\n\t \"name\": \"Home\",\n\t \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t },\n\t {\n\t \"@type\": \"ListItem\",\n\t \"position\": 2,\n\t \"name\": \"Chart Advisor: Staring Into the Danger Zone Ahead\"\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus EU\",\n\t \"description\": \"\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t \"name\": \"Contributor Author\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chart Advisor: Staring Into the Danger Zone Ahead","description":"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/200467\/","og_locale":"en_US","og_type":"article","og_title":"Chart Advisor: Staring Into the Danger Zone Ahead","og_description":"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll report\u00a0is released on Friday. However, the notably small trading range delivered on Monday and Tuesday for State Street\u2019s S&P 500 ETF (SPY), is a bit of evidence that something more sinister may be lurking around the corner.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/","og_site_name":"IBKR Campus EU","article_published_time":"2024-12-04T14:08:32+00:00","article_modified_time":"2024-12-05T10:31:49+00:00","og_image":[{"width":2884,"height":1446,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","type":"image\/png"}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Chart Advisor: Staring Into the Danger Zone Ahead","datePublished":"2024-12-04T14:08:32+00:00","dateModified":"2024-12-05T10:31:49+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/"},"wordCount":749,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","keywords":["NYSE","SPDR","SPY"],"articleSection":["ETFs","Macro","North America","Region","Securities","Stocks","Technical Analysis","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/","name":"Chart Advisor: Staring Into the Danger Zone Ahead - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","datePublished":"2024-12-04T14:08:32+00:00","dateModified":"2024-12-05T10:31:49+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"description":"The quiet start to the week may portend nothing more than the investors\u2019 unwillingness to commit to any direction before the\u00a0nonfarm payroll report\u00a0is released on Friday. However, the notably small trading range delivered on Monday and Tuesday for State Street\u2019s S&P 500 ETF (SPY), is a bit of evidence that something more sinister may be lurking around the corner.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","width":2884,"height":1446,"caption":"S&P 500 ETF Candle stick chart"},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-staring-into-the-danger-zone-ahead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Chart Advisor: Staring Into the Danger Zone Ahead"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/12\/l6mq8zqI-1.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/200467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=200467"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/200467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/200468"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=200467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=200467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=200467"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=200467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}