Save for the Bond, the seven other BEGOS Markets are lower, those presently below today’s Neutral Zones being Silver and Copper; volatility is quite light. Going ’round the Market Values horn for the five primary components, we’ve: the Bond nearly -3 points “low” below its smooth valuation line, the Euro -0.0095 points “low”, Gold +90 points “high”, Oil +4.43 points “high” and the Spoo +49 points “high”. The S&P 500 hit an all-time high yesterday (6101): the “live” (futs-adj’d) P/E at this instant is 47.9x and the Index is moderately “textbook overbought”. At Market Trends, Oil’s “Baby Blues” have provisionally dropped below the key +80% axis, which if confirmed at close suggests still lower price near-term. And the Econ Baro continues its muted week, the only metric due today being last week’s Initial Jobless Claims.