A.M. Look 8/17/17

Euro/Gold has pattern follow through with Long Gold leading the spread.

Bitcoin is breaking out to new all time highs.

China names are positive after BABA earnings.

U.S. equity Indices are having a typical mid-week shuffle.
It would take sustained price action under 2457 Spu’s to convincingly break daily momentum.

From a technical model perspective the Mid-Week high has to be monitored in light of last weeks big sell off to see if Index weakness can last another couple of weeks.

Let the day unfold.
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