During the session on Thursday, there are a lot of announcements that could move the markets. The day should be volatile, but there three markets look particularly interesting to us.
WTI Oil
While rising above the hammer from the previous session on Wednesday was a good sign, it is likely that the fundamental reasons for the commodity will continue to be negative overall. With this, it is likely that the put buyers will look at a rally as an opportunity.
Gold
Gold markets seem to be struggling a bit, and it is likely that the put buyers will be encouraged by this. Rallies could bring out the bearish traders in the short-term.
DAX
The German markets continue to grind sideways, but overall look like there is a lot of buying pressure on the call side just below. Because of this, it is likely that dips will be thought of as value going forward. The market still looks strong longer-term.
