At present, the only BEGOS Market outside (above) today’s Neutral Zone is Copper; session volatility is quite light with to this point just an average EDTR (see Market Ranges) tracing of 28%. The Euro yesterday confirmed its “Baby Blues” (see Market Trends) of linreg trend consistency having broken below their key +80% axis, indicative of lower levels to come. The S&P 500, after having been 19 consecutive trading sessions “textbook oversold” finally unwound that condition yesterday; the +1.8% relief rally has now put the “live” (futs-adj’d) P/E up to 42.9x; lurking for April/May is a MACD negative crossover on the S&P’s monthly candles, broadly suggestive of further Index lows as the year unfolds. The Econ Baro gets back into gear today with March’s Consumer Confidence and February’s New Home Sales.