10 September 2024 – 08:18 Central Euro Time

The Spoo is the sole BEGOS Market at present outside (below) today’s Neutral Zone; session volatility to this point across the BEGOS spectrum is quite light, with nothing due for the Econ Baro. With respect to yesterday’s +1.2% gain for the S&P 500, its MoneyFlow regressed into S&P points comparatively gained just +0.4%: such weakness ought bring further near-term selling for the Index itself. Too, the Spoo’s “Baby Blues” (see Market Trends) are in real-time down to teasing the 0% axis: confirmation of penetrating that axis to the downside shall mean the linreg trend having rotated from positive to negative. Today’s EDTR (see market Ranges) for the Spoo is 80 points. As for Market Rhythm pure swing consistency, currently the best for the Spoo on a 10-test basis is its daily MACD, whilst on a 24-test basis ’tis its daily Parabolics. The futs-adj’d “live” P/E for the S&P is 39.9x.