MomentumOptions.com Mid-Market Update for 8/31/2017 Materials Showing Strength/ New Trade (XLB) 2:45pm (EST) The Materials Select Sector Spider (XLB) recovered its 50-day moving average yesterday and is testing fresh resistance at $55-$55.25. Continued closes above the latter would be a bullish development. The 52-week high is at $55.92 that was…

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