20 December 2023 – 09:10 Central Euro Time

Both the Bond and Copper are at present above today’s Neutral Zones; below same is the Euro, and volatility is quite light, the largest EDTR (see Market Ranges) to this point being that of the Euro at 48%. Going ’round the Market Values horn of the five primary BEGOS Markets (in real-time): the Bond is better than +8 points “high” above its smooth valuation line, the Euro less than +0.01 points “high”, Gold +38 points “high”, Oil -3.24 points “low”, and the Spoo +298 points “high”, the Index itself having recorded its 30th consecutive trading day as “textbook overbought”. For the Econ Baro we’ve December’s Consumer Confidence, November’s Existing Home Sales and Q3’s Current Account Deficit. –> We sadly learned yesterday of the passing of Bob “MeBob” Falk, a fine and well-known trading colleague over many years as far back as the 1990s at Avid Trader. He shall be missed, and we extend our sincere condolences to his entire family.