S & P 500's (SPX) Affect On Reliable Lead Indicator NEM and Therefore the Gold/Silver Stock Market

Notice how SPX briefly plunged after a spike open, leading to NEM weakness, because SPX index funds were selling NEM, then, SPX shot up helping NEM. Notice the similarity between NEM and SPX's intraday charts because SPX index funds are probably the largest traders of NEM on any given day. The main difference is that SPX gapped up today while NEM gapped down, otherwise the charts are very similar. It makes sense for me to spend more time analyzing SPX. Ciao

http://finance.yahoo.com/q/ta?s=%5Espx&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=

http://finance.yahoo.com/q/ta?s=nem&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=