22 November 2022 – 09:28 Central Euro Time

Gold, Silver and Oil are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. Following Silver’s daily Parabolics having flipped to Long effective Friday, the white metal’s “Baby Blues” yesterday confirmed dropping below their key +80% axis (see Market Trends) suggestive of still lower prices near-term, a run to 20.00 not being untoward, (even as price is higher today at 21.15). Oil’s recent selloff has rotated its linear regression trend from positive to negative. By the MoneyFlow page, the S&P from the monthly measure to the quarterly measure portends the Index as some 300-500 points too high, (as does clearly the “live” P/E at 36.4x); by Market Values, the real-time read shows the Spoo as 144 points “high”. Again, the Econ Baro today awaits tomorrow’s sole day of incoming metrics for this abbreviated trading week.