14 December 2022 – 10:47 Central Euro Time

Ahead of the FOMC’s final Policy Statement and Powell Presser for 2022 — and following yesterday’s rampant volatility — all eight BEGOS Markets are at present priced within their respective Neutral Zones for today; volatility is again light (but doubtless shan’t so stay come the Fed at 19:00 GMT). Yesterday’s Spoo closed -126 points (at 4054) off the intraday high (of 4180); the MoneyFlow for the S&P was weaker than the Index’s net gain when the dust finally settled +29 points. Still by Market Trends, the Spoo’s linear regression is positive, albeit its consistency has waned considerably these past two weeks. With the Fed in the balance, the Econ Baro looks to November’s Ex/Im Prices.