March 11th – Today's Trading Tips & Market Analysis

See Today's Binary Options Trading Opportunities Below – Watch The Video For Full Market Analysis

1 – The FTSE fell hard during the course of the session on Tuesday, slicing through the 6750 level by the end of the day. The 6700 level is supportive as well, and even though we see quite a bit of bearish pressure in this market, we figure at best are looking at short-term put buying opportunities based upon short-term rallies. We have no interest in buying calls quite yet, at least until we get a supportive candle on the daily chart.

2 – The EUR/USD pair continues to break down, and we think that buying puts will be the way to go in this market going forward, as the Euro is completely broken. With that, we have no interest whatsoever in buying calls, and we believe that it’s only a matter of time before we break down to the 1.05 handle.

3 – The S&P 500 struggled during the session as well, and as a result we believe that the market will drift lower. Short-term put buying opportunities may present themselves, but ultimately we believe that the market does go higher, so therefore we can buy calls in order to take advantage of the longer-term uptrend that we have seen in the S&P 500, and as a result we believe that sooner or later, the market then goes to the 2200 level given enough time. We have no interest in buying puts, because we believe ultimately the S&P 500 goes into a longer-term buy-and-hold situation.