As posted yesterday on ‘X’, Gold’s weekly parabolic trend has provisionally flipped from Long-to-Short; barring Gold improbably making an All-Time High this week (above 3510), the new Short trend shall confirm upon Friday’s settle. At present, both Gold and Silver, along with the Euro and Swiss Franc are above their respective Neutral Zones for today, whilst below same is the Spoo; session volatility is light. Yesterday’s gap-up open for the S&P 500 was by points the largest in its 68-year history; the Index through the past 11 days is “textbook overbought” and the Spoo (in real-time) is +384 points above its smooth valuation line (see Market Values); the futs-adj’d “live” P/E for the Index is 44.3x. The Econ Baro looks to the first report of April’s inflation via the CPI.