07 November 2023 – 09:03 Central Euro Time

All eight BEGOS Markets are in the red and all at present (save for the Bond) are below their respective Neutral Zones for today; volatility is mostly moderate. Gold confirmed its “Baby Blues” (see Market Trends) dropping below their key +80% level; priced now at 1976, we can see 1946 trading near-term, well within the context of the support zone described in the current edition of The Gold Update. By Market Rhythms, the most consistent on a 10-test basis is the Euro’s daily Moneyflow which has been near or at the top of all 405 studies now for some time; on a 24-test basis, both the Bond’s 15mn Parabolics and Moneyflow studies top the list, along with the Spoo’s 15min Parabolics. The Econ Baro’s rather “un-busy” week looks to September’s Trade Deficit and Consumer Credit.