Trade the Cycles

Tuesday, December 13, 2005

.............................Downside Gaps To Watch

12-7's downside gaps at 255.82 for HUI, at 48.75 for NEM, and at 119.69 for the XAU should get filled in the next few days.

In the monthly downcycle it appears that HUI, NEM, and the XAU could, based on their major upcycle trendlines in the latest 1 year charts (see first link below, the second link has those charts and many more), fall in the next few weeks to 235-245 (HUI), 45-47 (NEM), and 109-114 (XAU).

At http://www.joefrocks.com/TradetheCycles.html scroll down a few pages past the major averages stuff. See http://www.joefrocks.com/GoldStockCharts.html for all the charts. My home page is http://www.JoeFRocks.com/

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