..................NEM Leading To The Downside As Expected
The NEM Lead Indicator was bearish at -0.50% today which jives with continued weakness tomorrow, though it appears there may be brief strength early tomorrow and hopefully an opportunity for me to buy XAU Puts. Monthly cycle lows could occur by week's end or early next week. Ciao
posted by Joe Ferrazzano at
2:02 PM
1 Comments:
Anything's possible Alice, it's just unlikely because the prior long term cycle highs were just exceeded in the last monthly upcycle. Ciao.
By
Joe Ferrazzano, at 4:31 PM
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