‘Tis a moderate-to-robust volatile start to Wednesday with seven of the eight BEGOS Markets at present above their day’s respective Neutral Zones, the sole component below being Oil. Gold is up better than +100 points, however by Market Trends the “Baby Blues” of linreg consistency are still falling, as are those for Silver; since The Gold Update’s (25 April) anticipation for lower Gold prices, the yellow metal has dropped by as much as -4.6%, notwithstanding this second session of “relief rally”; currently 4677, Gold’s most volume-dominant overhead resistor is 4725 (see Market Profiles). The S&P 500 continues to make record highs (7273) even as the Index is now 19 consecutive trading days “textbook overbought”: by Market Values in real-time, the Spoo is +505 points “high” above its smooth valuation line. For the Econ Baro we’ve April’s ADP Employment data.