20 February 2023 – 09:16 Central Euro Time

Given the StateSide holiday we’ve a two-day session for the BEGOS Markets, beginning the week with Oil at present above its Neutral Zone; the balance of the components are within same, and volatility is mostly light. The Gold Update confirms the weekly parabolic trend as having flipped from Long to Short: therein we anticipate the 1851-1798 support zone to hold. For the Spoo by its daily rhythms, both the Parabolics and Moneyflow studies confirmed flipping Short effective today’s open; (the daily MACD was first to so do a week ago); however per our S&P MoneyFlow page, money has been substantively thrown into the market essentially at the ignorance of the S&P’s still extremely high P/E, the futs’adj’d “live” reading now 39.8x; there remain two weeks to run in Q4 Earnings Season.