A.M. Look 10/29/15

Stocks...

Spu’s…2053 is support and the downside pivot. Use 2085 for resistance.

Bonds


FX…

Euro…110.40 is today’s point & figure resistance.

Commodities…

Oil…46.30 is resistance and the closing upside pivot.

General Comments or Valuable Insight

There was a lot of rabid buying of Equities & indices in the last hour yesterday.

The market needs to digest this recent rally. I would expect prices to hold up through tomorrow.
All the Indices have to do is close higher on the week to keep everyone in smiles.

Less is more today.

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