..................Short Term Downcycle Duration

NEM just hit a short term cycle high at the open today at 47.13, so this short term downcycle should last until late today or into early next week, probably hitting a short term cycle low on Monday if one doesn't occur today. The next short term upcycle will be Elliot Wave 5 of the monthly upcycle, so that will probably be the last tradable short term upcycle of this monthly upcycle. In other words, there should be a short term cycle high in the next short term upcycle well above the one that just occurred.