The Euro is at present below its Neutral Zone for today, whilst above same is Gold; ’tis a bit ironic given our best current correlation amongst the five primary BEGOS Markets is positive between the Euro and Gold, albeit market dynamics continually shift; session volatility is quite light. Gold has moved back above 2600, however our anticipated move lower into the 2400s remains very viable, the weekly parabolic trend being newly Short along with the negative MACD crossover; still, Gold has cleared the 2615 handle which by the Market Profile is the most dominantly-traded price of the past fortnight; mind, too, Gold’s price vis-à-vis its smooth valuation line (see Market Values): in real-time, price is presently -57 points “low”. Meanwhile, the S&P 500 continues its “textbook overbought” streak, the “live” futs-adj’d P/E now 44.8x. The Econ Baro looks to October’s Housing Starts/Permits.