The NEM Lead Indicator = -2.26% Vs The XAU Today

After being -0.87% vs the XAU on Friday. The NEM Lead Indicator is obviously very bearish right now. The Wave 4 Short Term Downcycle began today for HUI/XAU (see 5 day chart below) and last Thursday for NEM. In the Wave 4 short term downcycle NEM and the XAU will fill some of their recently created downside gaps (NEM filled 51.49 today): The XAU has downside gaps at 141.62 from 4-3, at 138.84 from 3-30, at 134.17 from 3-29, at Monday 3-27's open at 133.40, and one at 3-24's open at 130.03, and, NEM has one at 49.46 from 3-27, and one at 49.24 from 3-24, some of which will get filled soon. The XAU filled it's upside gap at 143.19 from Friday today. See 5 day chart: http://finance.yahoo.com/q/ta?s=%5Exau&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= .......... http://www.JoeFRocks.com/