Trade the Cycles

Friday, August 25, 2006

The Very Short Term Upcycle Since Yesterday

The Very Short Term Upcycle since mid session yesterday will probably do Wave 5 up and peak late today or early on Monday, 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=. The COT data (W/E 8-22-06) released at 12:35 pm ish PST (see http://www.cftc.gov/dea/options/deacmxsof.htm) should show the non contrarian gold Commercial Traders trading significantly or even aggressively net short. ....... http://www.JoeFRocks.com/