Most Of Today's Strength Occurred Just After The Open

Most of today's strength occurred during the very brief spike in the first few minutes of the session, see http://finance.yahoo.com/q/ta?s=%5EHUI&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=. Then the short term upcycle rolled over dramatically and may have peaked near session's end. The very bearish NEM Lead Indicator today at -1.90% vs the XAU indicates there's a good chance that the short term upcycle peaked late today, as does the fact that it flattened out dramatically after the very brief spike at the open. ....... http://www.JoeFRocks.com/