Gold is the sole BEGOS Market at present outside (above) today’s Neutral Zone; session volatility is very light. Per Market Rhythms, our current leaders for pure swing consistency are (on a 10-test basis) Gold’s 6hr Parabolics, and (on a 24-test basis) Oil’s 15mn MACD, Gold’s 6hr MACD, and the non-BEGOS Yen’s 2hr Parabolics. Although both the S&P 500 and Spoo yesterday reached intra-day all-time highs, the Spoo’s “Baby Blues” (see Market Trends) are slipping in real-time to the +83% level: should they settle below the key +80% axis level come tomorrow or Friday, ‘twould be an outright sell signal; too, the anticipated price declines as herein noted are in progress given recent like signals for the Bond, Euro and Swiss Franc. Oil’s cac volume is rolling from August into that for September. The Econ Baro awaits June’s PPI and IndProd/CapUtil. And late in the session is the release of the Fed’s Tan Tome.