NEM Lead Indicator = -0.60% Versus The XAU Right Now

After being a very bearish -1.41% versus the XAU yesterday. The XAU had a large gap up at the open, and, most if not all of today's strength is likely to occur early on, see http://finance.yahoo.com/q/ta?s=%5Exau&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=.

HUI/XAU are rallying to the top of their monthly downcycle channels, which also means that they're rallying to their monthly downcycle declining peaks downtrendlines. There should be a good opportunity to day trade or short term trade short today, though only a small % of traders should be day trading or short term cycle trading. ....... http://www.JoeFRocks.com/