Daily Trading Opportunities - Friday, March 17

After the past couple of days with central banks taking so much attention over the last couple of days, the markets will more than likely calm down for the Friday session. With this in mind, we look at the following 3 assets:

US Oil (WTI)

The oil markets cannot hold value, and as such it looks as if the put buyers will get involved every time we rally. The failure to hold gains on Thursday was yet again a sign of weakness. The markets will more than likely jump on the chance to place puts in this area.

chart-1-3-16

Nikkei 225

The Japanese markets have been quiet as of late, and with this it seems likely that we are trying to build momentum more than anything else. With the falling Yen, it makes sense that the export laden market will continue to climb. Calls buyers should eventually win this struggle based upon the price action.

chart-2-3-16

DAX

The German index fell after initially rising on Thursday. However, we should be able to find call buyers below, and the 12000 level will of course be psychologically significant. With this, call buyers are likely waiting.

chart-3-3-16

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.