Reliable Lead Indicator NEM Is Leading To The Downside Right Now
Reliable lead indicator NEM is leading to the downside right now, with the NEM Lead Indicator at -0.75% versus the XAU. Wave B up of the major downcycle since 9-6 for HUI/XAU (since 9-5 for reliable lead indicator NEM) may have begun yesterday (Wednesday for reliable lead indicator NEM), but, a test appears likely late today or early on Monday. Caution is in order to put it mildly. ....... http://www.JoeFRocks.com/
HUI NEM XAU
HUI NEM XAU