...........Major Intermediate Term Upcycle Channel Surfing

Another way you know that the monthly cycle is peaking is that NEM, XAU, and HUI are at the top of their major int term upcycle channels. Monthly cycle lows occur at or near the bottom of the major int term upcycle channels. NEM's chart dated 12-23 is found 8 charts down and you have to scroll down a ways to get to the XAU's and HUI's charts dated 12-23 that show their major int term upcycle channels.

http://www.joefrocks.com/GoldStockCharts.html