Big Spikes Are The Hallmark Of Important Cycle Highs

This big spike may be the final cycle high of HUI/XAU's rally/upcycle since 6-13. Today's spike is more prominent than the ones on 7-12 and 8-23. Yahoo's chart doesn't have today's bar or I'd include it, but look at a 6 month chart and you'll see that today's spike is a prominent one and may be the last gasp of the upcycle since 6-13, which I believe is HUI/XAU's Wave B up of it's Cyclical Bear Market's (since 5-11-06) Wave A down. So, I expect a dramatic decline in the XAU to 100-110 in the next few weeks corresponding to Wave C down of Wave A down. ....... http://www.JoeFRocks.com/