16 July 2024 – 08:41 Central Euro Time

‘Tis a mixed bag at present for the BEGOS Markets with the Bond, Gold and Silver above their respective Neutral Zones for today, whilst below same are the Euro and Oil; session volatility is light. Looking at Market Trends for all eight components, only the Bond and Swiss Franc are in negative linregs. Gold yesterday came within nine points (2445) of its All-Time High (2454); price’s EDTR (see Market ranges) is 33 points such that a fresh high from here (2436) can readily be achieved, even as key weekly technicals still have a negative bent. ‘Tis a busy Econ Baro day with July’s NAHB Housing Index, June’s Retail Sales and Ex/Im pricing, and May’s Business Inventories.