1 – The FTSE had a positive session on Tuesday, as we continue to consolidate just above the 7050 handle. We believe that this market will eventually break above the 7100 handle, which of course continues the longer-term uptrend. We also look at pullbacks as potential value and would be bullish on supportive candles below as it should simply bring in more buyers. We have no interest in buying puts at all.

2 – Gold markets fell during the session, but remain within the consolidation area that we have been in for some time. We believe that the $1180 level below is supportive, but if we can break below there this could be a decent put buying opportunity. On the other hand, we could get a short-term call buying opportunity if we get a supportive candle in that area. We urge you to pay attention to that price.

3 – The DAX was relatively flat during the session, but did find support at the €12,200 level. This was an area that we broke out and above recently, so it makes sense that the buyers would reemerge. We also believe that the DAX will continue to go higher, and have absolutely no interest in buying puts. We believe the longer-term, the DAX should hit the €12,500 level without too many issues, and possibly even as high as €15,000 given enough time.

4 – The EUR/USD pair was relatively flat during the session as well, but remains just above the 1.05 handle. This is an area that we anticipate being supportive, so we would anticipate some type of bounce. If we get that bounce, we will simply be looking for resistive candles above in order to start buying puts again. We have no interest in buying calls at this point in time.