26 September 2024 – 08:25 Central Euro Time

Both Copper and the Spoo are on the up-move, each at present above their respective Neutral Zones for today; Oil is below same, and BEGOS Markets’ volatility spans from light for the Bond to robust for Oil, the latter having already traced 131% of its EDTR (see Market Ranges). Oil is the sole component with a negative linreg (see Market Trends), albeit the consistency of such downside trend is waning as its “Baby Blues” are into their 11th session of rising; too, by Market Values in real-time, Oil (now 67.67) is -6.14 points below its smooth valuation line; and by Market Profiles, Oil’s two notably overhead volume price resistors are 69.70 and 71.30. Incoming metrics for the Econ Baro include August’s Durable Orders and Pending Home Sales, plus the final revision to Q2 GDP.