The NEM Lead Indicator = -1.78% Vs The XAU Today

The NEM Lead Indicator was a very bearish -1.78% vs the XAU today. The Wave 1 Short Term Upcycle peaked just after the open today. There was an Elliot Wave 12345 upcycle pattern for Wave 1, 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. The Monthly Upcycle began early on Monday and a 2% buy signal occurred on Tuesday. An entry point for monthly cycle traders should occur in the next few sessions when Wave 2 bottoms. ....... http://www.JoeFRocks.com/