At present all eight BEGOS Markets are within today’s Neutral Zones, and volatility is quite light ahead of a bevy of incoming metrics for the Econ Baro, namely September’s NAHB Housing Index, August’s Retail Sales and IndProd/CapUtil, plus July’s Business Inventories. Going ’round the Market Values’ horn for the five primary BEGOS components, we’ve: the Bond better than +3 points “high” above its smooth valuation line, the Euro +0.12 points “high”, Gold +112 points “high”, Oil -5.11 points “low” and the Spoo +200 points “high”. The best current directional correlation amongst those five is positive between the Euro and Gold. Oil’s cac volume is rolling from October into that for November. And the FOMC begins its two-day meeting.