29 Sep ’22, 09:42 Central Euro Time:

Back on the skids are the BEGOS Markets, all eight at present trading below their respective Neutral Zones for today; volatility is again moderate. The S&P 500 remains in an extreme “textbook oversold” condition, albeit the MoneyFlow for yesterday’s rally was not thoroughly substantive for the S&P’s +2.0% rise. Still by Market Values in real-time, the Spoo is 251 points below its smooth valuation line. And by Market Profiles, with the Spoo currently 3683, we show trading support at 3669, with notable overhead resistance at 3710, 3780, and then the 3870-3890 band. At Market Trends, both the Swiss Franc and Silver remain the two components in positive, albeit weakening, uptrends. Due for the Econ Baro is the final read for Q3 GDP.