...........Entry Point For Monthly Cycle Traders

Should occur in the next day or two, probably on Thursday is an educated guess. The monthly upcycle's Wave 1 up began early yesterday and was probably peaking near session's end today, so, Wave 2 down may bottom tomorrow or more likely Thursday or Friday. The NEM Lead Indicator was a very bearish -1.03% vs the XAU yesterday and was -0.26% vs the XAU today, so, waiting for a pullback probably makes sense. For recent action see http://finance.yahoo.com/q/ta?t=5d&l=off&z=m&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=&s=%5Ehui. ....... http://www.JoeFRocks.com/