...........This Big Spike Is Probably A Sign

This big spike since early Friday (See http://finance.yahoo.com/q/ta?s=%5EXAU&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=) is probably a sign that the rally probably won't be a healthy multiweek monthly upcycle. Monthly upcycles normally begin relatively flat/weak and experience big spike moves near the end of the cycle. So, this type of strength isn't usually seen until the end of a multiweek monthly upcycle. Short covering is probably a major factor in this spike move/headfake rally since early Friday. ....... http://www.JoeFRocks.com/