Trade the Cycles

Wednesday, March 15, 2006

.......NEM Filled It's Downside Gap At 49.68

The Monthly Upcycle's (Since 3-10) Wave 1 is peaking and the XAU has a downside gap at 130.25 created at today's open that will probably be filled tomorrow. The major upcycle's (since 5-16-05) Wave 5 2% follow through minor intermediate term cycle buy signal occurred yesterday, so Wave 5 began on 3-10-06. The NEM Lead Indicator was a bearish -0.88% vs the XAU today. See latest charts: http://www.joefrocks.com/GoldStockCharts.html . ...................... http://www.JoeFRocks.com/

0 Comments:

Post a Comment

<< Home