The BEGOS Markets begin the week on a positive note, the Euro, Gold, Silver Copper and the Spoo at present above their respective Neutral Zones for today; none are below same, and volatility is light-to-moderate. The Bond by Market Trends appears within a day or so of seeing its linear regression trend rotate from positive to negative to join both the Spoo and Oil as such, (however that for the latter is rotating toward a return to positive with the balance of the bunch). As fundamentally overvalued is the S&P, it nonetheless shows as “textbook oversold” these last six sessions, and the Spoo by Market Values is (in real-time) -84 points below its smooth valuation line. Again, the MoneyFlow diversion noted in yesterday’s comment is of greater import toward ultimately lower S&P levels.