Mini Commodity Panic

I am seeing mini give ups in crude oil, gold, silver and the AUD. It looks like a safe buy point at the open and I will be looking to add some long exposure here. In front of the nonfarm payrolls, I expect shorts to flatten positions and the longs already seem to be shaken out by this small dip here given the rather high put call ratio for a mild down day yesterday. Conviction is low among the bulls. As I mentioned last week, bullishiness is a mile wide and an inch deep. I expect the market to rally into the close today, the lows at 1336, which is strong resistance, should hold.