03 December 2024 – 08:42 Central Euro Time

At present below today’s Neutral Zones are the Bond and Swiss Franc; above same are Silver and Copper, and session volatility is light-to-moderate. The non-BEGOS Yen’s daily Price Oscillator — which has be dominating the top of our Market Rhythms runs on a 24-test basis for pure swing consistency — confirmed flipping from Short to Long at today’s open: currently 0.0066815, ‘twould be well within historical performance range to see an ascent up to at least .0068940 into year-end; (the average full swing duration of this Rhythm over the past three years is some seven trading weeks). Also for currencies, just as yesterday we cited the Swiss Franc’s having (by Market Trends) its “Baby Blues” cross above the key -80% axis, so too now has that measure for the Euro; the Dollar’s weakening over the past two weeks looks to further strengthen these attendant currencies. ‘Tis a quiet day for the Econ Baro which yesterday benefitted by both the ISM(Mfg) Index and Construction Spending.