A.M. Look 8/9/19

Spoo’s rolled over on the 25X3 confirming the upside congestion area.
It will take a print into 2894 ish for the 50X3 to confirm the high.

Gold is stretched and stretched against the currencies. It will either consolidate at this level for a bit or seek the sell stops resting @ 1501.60 to relieve the pressure.

FBTP…Italian 10’s continued to get smoked against the Bund.
I have my doubts that its breakaway gap from July 2 @ 136.88 can get filled.

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