18 December 2023 – 08:59 Central Euro Time

Both the Euro and Spoo are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is again light. The Gold Update emphasizes the dangerously high level of the S&P 500 by a whole host of measures; whereas Gold itself whilst weathering some post All-Time-High pullback nonetheless remains in a more broadly bullish stance. At Market Rhythms, the most consistent on a 10-test basis is Gold’s 8hr MACD, and a 24-test basis the Yen’s (not yet an official BEGOS Market) 2hr MACD. The Econ Baro begins its busy week (17 incoming metrics!) with December’s NAHB Housing Index.