NEM Appears To Be Leading To The Downside As Usual

NEM underperformed the XAU late in the session,which portends more weakness tomorrow, as does the close near session lows. See

http://finance.yahoo.com/q/ta?s=^XAU&t=1d&l=on&z=m&q=l&p=&a=&c=^hui,nem

NEM probably leads because it's a component of SPX and SPX leads many if not all indexes because it drives index fund trading that drives many indexes short term movements.

Federal Reserve Bank Credit due to be released at 4:30 EST should show a huge decline from last week:

http://www.federalreserve.gov/releases/h41/