Yesterday’s +1.8% straight-up gain in the S&P 500 would be — back in the day — referred to as a “blow-off top”, albeit the Spoo at this instant is poised for a further +0.4% S&P opening gap. At present, the Spoo is above its Neutral Zone for today, as are the Bond, Gold, Silver and Oil; the other BEGOS Markets are within same, and session volatility is mostly light, save for the precious metals of which Gold has traced 136% of its EDTR and Silver 98% (see Market Ranges). Gold (4233, +2.4%) has in real-time provisionally crossed above its smooth valuation line (see Market Values) for the first time since 11 March and — as we’ve be anticipating for some two weeks — its 21-day linreg has rotated to positive, as has provisionally that for Silver. Thus, ‘twould appear that our sought 4000 floor for Gold is forming. For the Econ Baro today we’ve July’s ADP Employment data and ISM(Svc) Index.