The NEM Lead Indicator Portends Some Weakness This Week

The NEM Lead Indicator portends some weakness this week (but all indicators and cycle channels/trendlines (most important consideration, plus Elliot Wave patterns and gaps) must be considered collectively, not in isolation. Think "system."), since NEM underperformed the XAU last week by -0.46% and underperformed the XAU on Friday by -0.57%: -0.11% (NEM) vs +0.46% (XAU) on 9-22, +1.48% vs +1.05% on 9-21, -0.44% vs -0.65% on 9-20, -3.21% vs -4.24% on 9-19, +1.52% vs +3.08% on 9-18. ....... http://www.JoeFRocks.com/

NEM XAU