NEM Lead Indicator At -0.13% Vs The XAU Today

After being a very bearish -1.11% on Friday. Also, the collapse in the XAU Put/Call Ratio from the expired February expiration at 1.30761 on Friday to March's that fell to 0.96608 today, is a sign that the strength that began last week is probably Wave 4's Wave B short term upcycle and not the start of the major upcycle's (since 5-16-05) Wave 5, because the dramatic decline in the XAU Put/Call Ratio points to substantial weakness soon. It appears that downside gap filling action will occur in the next few days for NEM and the XAU. http://www.JoeFRocks.com/