14 May 2024 – 08:25 Central Euro Time

Both Silver and Copper are at present above their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility pre-StateSide inflation data is very light. Of the 405 Market Rhythms we test nightly, Copper (on a 10-test swing basis) is leading for consistency by its 30mn MACD; second-best is Gold’s 12hr Parabolics; too (on a 24-test swing basis) Copper’s 1hr MACD leads for consistency, followed again by its 30mn MACD. As well, Copper is the only BEGOS Market for which its EDTR (see Market Ranges) widened yesterday both day-over-day and week-over-week: thus vis-à-vis the whole bunch, Copper is most in play. And as noted, today the Econ Baro awaits April’s inflation at the wholesale level (PPI).