26 January 2024 – 09:09 Central Euro Time

The Euro, Copper and the Spoo are at present below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is mostly light, save for the Euro having already traced 55% of its EDTR (see Market Ranges). Topping our Market Rhythms for swing consistency (10-test basis) are the 30mn Parabolics on both the Swiss Franc and Euro. The S&P settled yesterday (4894) as “extreme textbook overbought”. The Econ Baro concludes its week with December’s Pending Home Sales, Personal Income/Spending, and the “Fed-favoured” Core PCE Index.