The NEM Lead Indicator = -0.72% Vs The XAU Today

The expected sharp decline is likely tomorrow. Today appeared to be rolling over action, with the upcycle that began late on Thursday flattening out, 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=%5Exau. Also, there's an Elliot Wave 12345 pattern since late Thursday, and, it looks like it'll turn down early tomorrow.

The Monthly Upcycle began early on Monday 7-24 and a 2% buy signal occurred on Tuesday 7-25. An entry point for monthly cycle traders should occur in the next few sessions when Wave 2 bottoms. ....... http://www.JoeFRocks.com/