29 December 2022 – 09:21 Central Euro Time

The Bond and Swiss Franc are at present above today’s Neutral Zones; Oil is below same, and volatility is again light. At Market Trends, the Spoo’s “Baby Blues” continue to work lower as the linear regression downtrend becomes more consistent, albeit the S&P 500 itself has recorded its eighth consecutive day as “textbook oversold”; the Spoo (3813) has broken below the aforementioned key support/resistance zone now fairly defined as the 3850s. Oil’s uptrend has lost but all of its consistency, its rising “Baby Blues” now stalling on their 0% axis. By the same construct, both the Euro and Swiss Franc are the firmest of the bunch. The Dollar Index has essentially come off as much as -10% since its September high.