..........NEM/XAU Downside Gap Filling Action

NEM and the XAU are trying to fill the downside gaps created at today's open. Wave C's Wave C may have begun early today. Note in the 5 day spx (^GSPC )versus HUI/NEM/XAU chart that downturns in SPX preceded downturns in HUI/NEM/XAU by about an hour, with SPX turning down mid and late session yesterday and early on Wednesday: http://finance.yahoo.com/q/ta?t=5d&s=%5EGSPC&l=on&z=m&q=b&a=fs&a=w14&c=nem%2C+%5Ehui%2C+%5Exau
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