Trade the Cycles

Wednesday, May 03, 2006

NEM Filled It's Downside Gap At 55.42 From 4-21

NEM is leading to the downside. The NEM Lead Indicator is very bearish again today for the fourth straight session. Buckle up!

The XAU has downside gaps at 152.05 from 4-28, at 150.16 from 4-21, at 151.71 from 4-18, at 145.47 from 4-17, at 141.35 from 4-12, 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 downside gaps at 52.87 from 4-17, at 51.46 from 4-12, at 49.46 from 3-27, and at 49.24 from 3-24, some and maybe all of which will get filled in this monthly downcycle. ....... http://www.JoeFRocks.com/