A.M. Look 11/3/15

Stocks...

IWM…needs above 118 to extend higher.

Bonds


FX…
Commodities…

Gold...1138 is resistance, price action above 1143 is needed to to run the shorts out.

Oil..is holding the breaks. Look for more upside above 46.75.
General Comments or Valuable Insight

The feature last night was the Dollar which is being bought against the majors.

Aussie held the break after the RBA meeting and was bought on the crosses against the Kiwi & Euro.
Equity Indices are taking a break from the torrid first of month buying.With Oil holding up I’d look to the Oil patch again today to be strong.

TDW… Tidewater reports after the close today. The name is bombed out making anything positive a recipe for an upside surprise. Worth a look later today.

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