18 January 2024 – 09:16 Central Euro Time

The BEGOS Markets are at present quiet with all eight components inside today’s Neutral Zones; volatility is light. At Market Trends, the Spoo’s 21-day linreg has rotated to negative leaving just the Swiss Franc still (barely) in a positive stance. By Market Rhythms, our most consistent study on a 10-test swing basis is Copper’s 30mn Parabolics, whilst on a 24-test swing basis ’tis the Euro’s 4hr Parabolics. Per Market Values, the most extreme appearance by deviation from its smooth valuation line is Gold which shows (in real-time) as -50 points “low”. The Econ Baro’s incoming metrics for today include January’s Philly Fed Index and December’s Housing Starts/Permits.