02 March 2023 – 09:22 Central Euro Time

All eight BEGOS Markets are in the red, and six at present (save for Gold and Oil) are below their respective Neutral Zones for today; volatility is moderate. Gold’s high thus far this session (1845) is also its most dominantly traded price of the last two weeks, (see Market Profiles); trading supports show as both 1834 and 1818, (all within the overall 1851-1798 support zone). Even as the S&P 500 slips away, the “live” P/E (fut’s adj’d) is 39.1; of note, the Index is entering its fifth day as “textbook oversold”. Incoming metrics for the Econ Baro today include the revision to Q4 Productivity and Unit Labor Costs.