13 November 2024 – 08:08 Central Euro Time

We’ve at present the Euro, Swiss Franc, Copper and Spoo all below today’s Neutral Zones; none of the other BEGOS Markets are above same, and volatility is light. The buying into the S&P 500 of late has been substantive given our MoneyFlow page: both the one week and one month differentials are positive, whilst the quarterly measure has significantly reduced its negative stance; ‘course the Index nonetheless remains vastly overvalued both fundamentally (lack of supportive earnings) and certainly so near-term (technically). Our BEGOS Market Rhythms’ leaders for best swing consistency are (on a 10-test basis) Oil’s 8hr Moneyflow, the Euro’s 30mn Moneyflow, and for Silver its 8hr and 2hr Price Oscillators, plus its 1hr Moneyflow; too (on a 24-test basis) we’ve still the non-BEGOS Yen’s daily Price Oscillator, along with Copper’s 30mn Parabolics. And October’s retail inflation (CPI) comes due for the Econ Baro as well as (purportedly) the month’s Treasury Budget.