Binary Options Trading Opportunities – July 28, 2015


Markets shake due to Chinese selloff

Chinese stock markets lost over a percent during the session on Monday, as the Chinese markets continue to show signs of weakness. With this, the market looks as if the destruction will continue. With this, a lot of stock markets around the world showed weakness.

Looking for value in the S&P 500

We believe that there is a significant amount of support just below in the S&P 500 markets, as there is massive consolidation down to the 2050 handle. Ultimately, we have no interest in buying puts until we break well below there, and any time we see a bit of a bounce, we are buyers of calls within the yellow box on this chart.

Chart 1

Chart 1

 

Gold markets continue to hover near 1100

If we can break above the $1110 level, we would be call buyers as the market could very easily bounce back to the $1140 level. However, we do see that there is a significant amount of bearish pressure in this market, so a move below the $1800 level would have us buying puts. Any call buying opportunity at this point in time is simply a short-term opportunity.

 

Chart 2

 

DAX falls rapidly

The DAX fell rapidly during the session on Monday, and closed near the bottom of the range for the session. Because of this, we are looking for short-term rallies in which we can start buying puts. We believe the market should then head down to the €10,700 level over the next several sessions.

 

Chart 3

 

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