The week’s underway with — at present — the Euro, Swiss Franc and Gold below today’s Neutral Zones; above same is the Spoo, and volatility is light. The Gold Update points to two pending negative crossings for price: should it pierce sub-2650 this week, the weekly parabolic Long trend shall flip to Short; and by Market Values, Gold in real-time is only +13 points above today’s smooth valuation line, the penetration of which then would also suggest lower levels near-term. Too, in real-time, Silver’s “Baby Blues” (see Market Trends) have provisionally moved below their 0% axis, with those for Gold within a day or so of doing same, barring a firm rally. The Econ Baro is quiet both today and tomorrow, the balance of the week highlighted by metrics for inflation and retail sales. And ’tis the final week of an on-balance below-par Q3 Earnings Season for the S&P 500, for which the “live” P/E (futs-adj’d) is presently 46.7x.