The Euro is the only BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is light. As was previewed in The Gold Update, Silver yesterday took off, its +2.5% single-day gain ranking as 10th best year-to-date; and now in real-time, Silver’s “Baby Blues” (see Market Trends) have provisionally crossed above their -80% axis, confirmation of which at day’s end would suggest still higher price levels near-term; Silver’s favoured Market Rhythm at present is its 8hr Parabolics, (which triggered Long on 16 August from 22.660, price now 23.370). For the S&P 500, “fear” still has yet to appear as the MoneyFlow’s differential to the Index itself is gaining ground; nonetheless, the “live” (futs-adj’d) P/E of the S&P is a terribly expensive 45.8x. For the Econ Baro today we’ve July’s Existing Home Sales.