A.M. Look 5/17/17

Nasd 100… put in a reversal last night.

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Crude..is putting in a flag formation going into Inventories this A.M.
Sustained price action over 49 is needed to print the 50 DMA @ 49.71

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Spu/Bond …corrected to its 50 DMA in Asian trade.

VIX…stopped at its 50 DMA matching the bottom of its gap from April 21

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Let the U.S. session set up.

The break is waning.
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