NEoWave News
April 30, 2013


April 30, 2013 - Internationally known trading and forecasting advisor Glenn Neely has been warning NEoWave Trading service subscribers for months that Gold's bull market was ending - and that a new, multi-year BEAR market was on the horizon.

In fact, on April 12, Glenn Neely instructed his NEoWave Gold Trading customers to short the precious metal (it was down approximately $60 at the close). On April 15, he alerted all NEoWave clients: "Based on its decline the last few days, there is no doubt Gold's bull market is OVER. Just today, Gold was down more than $100/ounce at one point! Such a hyper-collapse only occurs at the start of a major (probably multi-decade) downtrend." Within two trading days of his April 12 recommended short, Gold had dropped another $180. Thankfully, due to months of warning, Mr. Neely's subscribers avoided being long Gold, plus many NEoWave Trading service customers actually profited from the decline.

In a recorded interview on April 18, Mr. Neely publicly announced: "It's official - on February 5, 2013, Gold began a new, multi-year BEAR market." He added, "This is the beginning of what should be one of the largest, fastest declines in gold in history."

Click to hear this 30-minute interview with Glenn Neely and view more charts.


About Glenn Neely and NEoWave, Inc.

Glenn Neely, internationally regarded as a premier Elliott Wave analyst and trading expert, has devoted nearly 30 years to refining, mastering, and advancing the concepts of Wave theory to make it scientific, objective, and logical. Glenn Neely's now-famous NEoWave technology is a precise, step-by-step assessment of market structure, which leads to more accurate Wave analysis, as well as low-risk investing and trading with demonstrated returns. Analysts, professional investors, and traders worldwide trust NEoWave's Trading and Forecasting services for market forecasting and wise trading advice on the S&P, Euro, T-Notes, and Gold markets.

To learn more about Glenn Neely and the NEoWave Forecasting and Trading Services visit the NEoWave website.