As previously noted, StateSide physical bourses are closed today, however the BEGOS Markets are trading an abbreviated Friday session for Monday settlement. And at present — save for Oil which is above its Neutral Zone for today — the seven other BEGOS components are below same; session volatility is firmly moderate; extended USA/IRN et alia negotiations have for the moment been halted. Tomorrow brings the 866th consecutive Saturday edition of The Gold Update, the yellow metal this past week having moved lower toward Fair Value. By Market Trends, the Spoo’s 21-day linreg — after having rotated from positive to negative (11 June) and then back to positive (15 June) is today (in real-time) virtually flat, indicative that the S&P 500’s correction toward the 6800s may increase its downside pace; the futs-adj’d P/E of the S&P is 48.2x and the yield 1.094%.