NEM Outperformed The XAU By +1.27% Today

So, a significant rebound is likely tomorrow at some point, but HUI, NEM, and the XAU have a way to go to reach their major upcycle trendlines at 250, 47, and 112, though those trendlines could turn up some. The very bullish NEM Lead Indicator today at +1.27% vs the XAU is something to watch. If it's clearly bullish again tomorrow (> +0.50%) then maybe Wave 4 will bottom above the current major upcycle trendlines. http://www.JoeFRocks.com/