Global markets are set for a strong correction in prices as China’s Shanghai Index drops today again. The Index is down almost 2%, just 40 points above its critical level of 3000 points.

A 3000 points breakout can occur in the very near future and that could escalate a downside move towards 2856 points and add downside   pressure on global markets.

The Head of the Federal Reserve Janet Yellen could find herself in a huge problem before the next big Binary Option Event on October 29^th.

That will be the next rate decision and at these circumstances it seems impossible for her to raise rates and add volatility.

Binary demand to trade this BOE is accumulating as traders expect Yellen to keep rates at zero. Any surprise would create a solid opportunity for binary traders.

Consumer Confidence published today in the U.S at 14:00 gmt.

Markets need confidence as volatility runs high; this event can spread some support if confidence turns higher than expected at 96.2 points. Assets to trade will be the Dow Jones, S&P and Nasdaq.

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