Trade the Cycles

Monday, December 24, 2007

.........Very Bearish WMT/NEM Lead Indicators

The WMT Lead Indicator was a bullish +0.29% versus SPX (S & P 500) today 12-24, but, turned bearish late in the session, see http://finance.yahoo.com/q/ta?s=%5EHUI&t=1d&l=off&z=l&q=l&p=&a=,p12,fs,w14&c=wmt,%5EGSPC. The previous three sessions were a very bearish -0.92% on 12-21, a very bearish -0.97% on 12-20, and, -0.19% on 12-19.

The NEM Lead Indicator was a very bearish -1.10% versus the XAU today/on 12-24 and was -1.08% on 12-21, and, was -0.18% on 12-20, -0.26% on 12-19.

....... http://www.JoeFRocks.com/ .

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