There is a marked similarity between the price patterns of stocks (NYSEARCA:SPY) and gold so far in 2016. Note on the charts below how both asset classes have taken the same path up, with both triggering Wave 5 Buy Signals earlier in the summer. That is where the intrigue comes into play: It looks like gold may be a few weeks ahead of stocks on its path to wherever it is going. It's also clear that gold topped in early July and not only has lost momentum, but is diverging to the downside, while SPY is making new highs. This raises the possibility that SPY (and the rest of the stock market) is days, away from turning down itself.