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Joe F. Rocks!
Growth Stock Investor & Market Strategist





Joe F. Rocks! Gold/Silver Stock, Gold, USD, NDX, and SPX Charts  updated 6-7-08 (added top two charts)

One must have a good grasp of cycle channels/trendlines, used in concert with Elliott Wave patterns and gaps, in order to assess a market's timeliness. See the charts below. Cycle channels/trendlines, used in concert with Elliott Wave patterns and gaps, are the basis/crux of my "Trade the Cycles" market timing system. Please see the annotated charts below. See the Trade the Cycles Blog for the latest HUI/NEM/XAU assessment, it's usually updated each trading day.

Long term cycle highs occurred for the XAU and HUI on May 11, 2006 at 171.71 and 401.69 respectively (see charts 8 and 10). Long term and a Wave 1 Cyclical Bull Market cycle high occurred for reliable lead indicator NEM at 62.72 on 1-31-06 (see eighth chart). Reliable lead indicator NEM is probably in a Secular Bull Market/very long term upcycle (probably 15-20 years) since October 2000 (see chart 9). HUI began a Secular Bull Market/very long term upcycle (probably 15-20 years) in November 2000, see chart 8, and, the XAU began a Secular Bull Market/very long term upcycle (probably 15-20 years) in October 2000, see chart 10.

The NEM lead indicator chart (see fourteenth chart) acts as an early warning system. Reliable lead indicator NEM dramatically underperformed HUI and the XAU for a few months before the Wave 5 long term upcycle peaked on 5-11-06, correctly indicating that the Wave 5 long term upcycle that began on 5-10-04 was in trouble. During the last few months of the prior Wave 3 long term upcycle (from July 26, 2002 until 12-2-03 for HUI/NEM and until 1-6-04 for the XAU) NEM underperformed HUI/the XAU, correctly portending that the previous long term cycle would turn down.


spx66083month.png


gdx66086month.png


gold3year1-9-08.png


ndx3year92707.png


spx3year81707.png


huispx12106.png


huispx5day.png


hui5year10606.png


nem5year10606.png


xau5year92206.png


nem1year9106.png


xauvlterm21706.png


usd2year6206.png


nemleadindicator6206.png


nem15month6206.png


hui15month6206.png


hui1year31706.png


hui1year21706.png


xau15month6206.png


xau1year31706.png


xau3year51605.png


XAU Implied Volatility and Historical Volatility


xauimpliedvolatility9304.png


usd3year102904.png


gold2year6206.png


nemxau5day21006.png


spxnemhuixau5day123005.png


hui5day12905.png


hui1year2306.png


nem1year32406.png


nem1year31706.png


nem1year3306.png


nem1year21706.png


nem1year2306.png


nem6month93005.png


nem1year91605.png


nem6month82605.png


nem3month81205.png


nem2year8505.png


nem3month72905.png


nem1year81904.png


nem5year81904.png


spx3month61005.png


xau1year32406.png


xau1year31706.png


xau1year21706.png


xau6month93005.png


xau6month9905.png


xau6month82605.png


xau3month81205.png


xau2year8505.png


xau3year51605.png


xau1year6305.png


xau2year52705.png


xau5year71205.png


xau6month82004.png


xaufiveyear82004.png


Parabolic long term cycle sell signals. The XAU hit a long term cycle low at 76.79 on 5-10-04 versus the finetuned range of 67-72.


xau4year2604.png


hui1year32406.png


hui1year31706.png


hui1year3306.png


hui1year21706.png


hui1year2306.png


hui6month11405.png


hui6month9905.png


hui3month81205.png


hui2year8505.png


hui3month72905.png


hui1year6305.png


hui5year51205.png


hui5year62905.png


hui1year112604.png


hui1year111904.png


hui1year111204.png






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