Binary Options Trading Opportunities – November 19, 2015

Retail Sales out of the UK, Unemployment Claims out of the USA

During the session on Thursday, we have Retail Sales Out of the United Kingdom, as well as Unemployment Claims coming out of America, so we believe that there should be plenty of trading opportunities on both sides of the Atlantic.

NASDAQ 100 continues to go higher

The NASDAQ 100 continued to grind its way higher during the course of the session on Wednesday, testing the 4600 level. With this, we believe that the market will eventually go to the 4700 level. We are call buyers only, and believe that pullbacks also offer call buying opportunities as well. We have no interest in buying puts, and believe that the 4500 level below is the “floor” in this market.

Gold trying to find support

Gold markets fell significantly during the day on Wednesday, breaking below the $1070 level. We did bounce a little bit to show some type of support, but ultimately we believe that the market will continue to go lower. On a break below the lows of the session on Wednesday, or perhaps a short-term rally that show signs of resistance, we are put buyers and have no interest whatsoever in buying calls.

WTI Crude Oil continues to press $40

The WTI market trying to rally have the initial open on Wednesday, but turned back around to form a negative candle. We continue to find support at the $40 level, but ultimately it looks like we will break down below there. If we can get below the $40 level, we should then reach towards the $38 level. Rallies at this point in time should continue to be put buying opportunities.