HUI, NEM, and the XAU began Elliot Wave 4 down of their major upcycle (since 5-16-05) early on Tuesday. Yesterday a 2% minor int term cycle sell signal occurred. Elliot Wave 4 down of the major...
That appear to be Elliot Wave 3 cycle highs for the major int term upcycle that began on 5-16-05. If so a substantial 15-25% correction (from yesterday's cycle highs) is likely in the next few...