............................S & P 500 (SPX) Triple Top

SPX put in a triple top today, and, like HUI, NEM, and the XAU, is in the very flat topping part of it's monthly/minor intermediate term cycle, so, since SPX index funds are the largest NEM traders (NEM being a component of the S & P 500), once SPX breaks down that should drag NEM and therefore HUI and the XAU with it, because SPX index funds will be selling NEM when SPX falls. This should occur by week's end. Ciao