During the session on Tuesday, we get a handful of announcements out of the UK and Germany, so having said that it’s likely that we should continue to see quite a bit of volatility in that part of the world. Beyond that though, it should be a relatively steady session.

1 – It’s likely that we will continue to see strength in the European indices, but this is more or less a short-term trade as far as we can see. We have no interest in buying for longer-term moves, but at this point in time it’s probably safe to assume that the bullish traders will continue to push this market around.

2 – Ultimately, we believe that the precious metals markets will continue to be an interesting place to be. We’ve had a massive negative candle during the session on Monday, but quite frankly the way that we have rallied that lately, it makes sense that this pullback happened. We are now looking for signs of support or a bounce in order to continue to buy calls going forward as precious metals should continue to strengthen. The recent rally of course wasn’t an anomaly; it was a true breakout.

3 – Energy markets will continue to soften over the longer term, so we are looking for opportunities to buy puts as we get short-term rallies. We believe that energy markets will continue to be one of the softest parts of the binary markets that currently trade, and as a result we will remain very bearish.