March 14th Binary Options Trading Opportunities

There are no real announcements coming out during the day on Monday that we are concerned about, but we do recognize that the markets could offer trading opportunities. With that in mind we look at the following 3 ideas:

FTSE looks supported

The FTSE rose during the course of the session on Friday, and it now looks as if we are trying to get to the 6200 level. Because of this, we are buyers of calls, and believe that if we can break above the 6200 level, we should then head to the 6300 level.

WTI Crude Oil tries to break out

The WTI Crude Oil market tried to break out during the day, but quite frankly the $40 level above is a major area. It is at that point where US shale production starts flooding the market with more oil, so this point in time we are actually looking for put buying opportunities. We believe that short-term exhaustive candles on short-term charts should continue to be the way to go.

NASDAQ 100 attempting to break out

The NASDAQ 100 looks very healthy, and at this point in time it looks as soon as we get above the 4350 level, we should then reach towards the 4400 level, and then higher than that, probably the 4500 level given enough time. Short-term pullbacks should continue to be call buying opportunities as well as we would anticipate quite a bit of support below.