Both the Euro and Swiss Franc are at present above today’s Neutral Zones, whilst below same are Gold, Silver, Oil and the Spoo; session volatility for the BEGOS Markets is pushing toward moderate. Gold confirmed a negative crossing of its smooth valuation line (see Market Values): this is of course a Short signal, albeit as we regularly quip “Shorting Gold is a bad idea”; still, a run from here (3137) down to 3000 wouldn’t seen untoward, price having established a plateau there back in February. Oil’s cac volume is rolling from June into that for July. And the Econ Baro is poised to take in 11 metrics today, amongst which are May’s NY State Empire Index, Philly Fed Index and NAHB Housing Index, along with April’s Retail Sales, PPI and IndProd/CapUtil, plus March’s Business Inventories.