The devastating earthquake and tsunami which occurred in Japan on Friday, March 12, 2011 resonated effects on the financial world. Among the financial institutions impacted, insurance companies swiftly acted to assess their damage liability.
The markets had already started on a bear market path when on Thursday, March 11, 2011 the support line that had been following the major US indices broke down after remaining intact for the past eight months. In reaction, there were massive selling and within 24 hours the major US index futures lost over two percent. It appears the sleeping bear has woken up from a long awaited slumber. Combining Thursday’s technical events with the tsunami’s ripple effects into the financial markets, we may be now solidly entering a bear market period.
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As the market reacts to the impending bear market, selling momentum increases, making it a strong opportunity to profit using Binary Options. It is precisely in cases such as these of obvious uptrending or downtrending markets that Binary Options provide aggressive financial instruments. Trading Binary Options is simple. One simply has to speculate whether the price of the underlying asset will end above or below the current price, at the end of the current hour. Binary Options do not use leverage and therefore the risks are limited to the size of your investment. Most obvious to most traders is that one can profit 85% from either rising or falling markets.