19 December 2022 – 10:12 Central Euro Time

The busy StateSide Econ Data week begins with the Euro, Swiss Franc, Gold, Silver, Copper and Spoo all at present above their respective Neutral Zones for today; only the Bond is below same (Oil is quiet), and volatility is light-to-moderate. The Gold Update again lays out a case for 1900 (current price 1806) as the fundamentalists face off against the technicians guarding the overhead resistance of the 1800s in general. The Spoo (even though up early on) has confirmed its linear regression trend having rotated to negative (see Market Trends); the S&P’s “live” (futs-adj’d) is 36.1x. And the Econ Baro awaits December’s NAHB Housing Index.