..............................New Charts Uploaded

Happy Easter to all fellow Christians. The major upcycle's (since 5-16-05) Wave 5 minor intermediate term upcycle (see latest 1 year charts, http://www.joefrocks.com/GoldStockCharts.html ) began on 3-10-06 shortly after the XAU filled it's downside gap at 122.49 from 12-22. HUI, NEM, and the XAU are in the monthly upcycle's (since 3-10-06) Wave 4 short term downcycle since Thursday 4-6. Given HUI/XAU's big Wave 3/spike move a substantial decline in the Wave 4 short term downcycle is likely. The latest COT data (http://www.cftc.gov/dea/options/deacmxsof.htm) is mixed and probably portends (I just saw the data so I could change my assessment) weakness this weak, with the (some) strength it portends probably occurring last week, because the data is 3 days old when released. See 5 day HUI chart: http://finance.yahoo.com/q/ta?s=%5Ehui&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= ....... http://www.JoeFRocks.com/