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1 – The FTSE looks like it is testing significant support at the 6700 level, and if we can get well below that level we would become buyers of puts. We believe in that moment the market would then head to the 6600 level next, and possibly even lower than that. We don’t really have any interest in buying the FTSE unless of course we get a supportive candle on the daily chart, something that we will have to look at after the session is over with.

2 – Gold markets initially fell during the course of the day on Monday, but found a massive amount of support close to the $1170 level to turn things back around completely. However, we think the market continues to be erratic and it’s probably best if you wait for call buying opportunities after short-term pullbacks. We don’t really want to become buyers of puts at this point, because the buyers have become so resilient in this market.

3 – The S&P 500 initially fell during the course of the session on Monday, but found enough support below the 2060 level to turn things back around and form a hammer yet again. With this, looks like the market is ready to continue fighting towards the upside, and ultimately breaking out to fresh, new highs. However, we recognize that volatility will be the norm in this particular market, so with that being the case it is likely that you will have to put up with a significant amount of back and forth.