01 August 2023 – 09:09 Central Euro Time

Each component of the BEGOS Markets’ metals’ triumvirate is at present below its respective Neutral Zone for today; the balance of the BEGOS bunch are within same, and volatility is mostly light. In real-time by Market Values, Oil is 8.92 points above its smooth valuation line, whilst the Bond is nearly -5 points below same. The S&P 500 confirmed its 40th consecutive trading day as “textbook overbought”; however by our MoneyFlow page, the upside thrust lacks puff. By the Spoo’s Market Profile, the most dominant supporters are 4605, followed by the 4588-4584 zone. The Econ Baro awaits July’s ISM(Mfg) Index and June’s Construction Spending.