Only the Bond is at present outside (above) today’s Neutral Zone; the other BEGOS Markets are relatively quiet, and volatility is notably light ahead of today’s retail inflation report, the headline CPI “expected” to have leapt from negative in December to positive for January. Gold: as anticipated, its weekly parabolic trend has provisionally flipped from Long to Short (and barring a rise above 1975 by week’s end, ’twill be confirmed). The “live” P/E of the of S&P is 40.9x and the Index is now “textbook overbought” for 22 consecutive trading days. And by Market Values (in real-time) the Spoo is 138 points “high” versus is smooth valuation line.