FOMC Statement coming out

During the session on Wednesday, without a doubt the FOMC Statement is the biggest mover of markets that we coming out. The question isn’t whether or not the Federal Reserve can raise interest rates, but whether or not they will continue to do so. Because of this, the markets might be fairly quiet between now and then.

Germany bounces back

The DAX bounced during the course of the session on Tuesday, cracking above the top of the range for Monday. Because of this, the market looks as if it is going to go higher, and therefore we are call buyers.

Gold markets continue to struggle

You can see that the gold markets initially tried to rally during the session on Tuesday, but struggled and turned back around to form a rather negative looking candle. With this being the case, we continue to buy puts on short-term rallies.

WTI Crude Oil

The WTI Crude Oil market initially rallied during the course of the session on Tuesday, but as you can see started to struggle as we get close to the $3 level. Because of this, we are buyers of puts on short-term rallies as the strong downtrend will certainly is still fully in effect.