The Miners sent conflicting signals last week.
The bullish signals include:
* Bullish follow through to breaking above the declining trend line.
* Emerging Bullish RSI Pattern
* Closing above the upper daily cycle band to end the daily downtrend and begin a new daily uptrend.
The bearish signals include:
* The Miners formed a swing high on Friday.
* The TSI took a bearish turn.
* Bearish RSI pattern beginning to emerge.
(RSI was very oversold, rallied to overbought and quickly turned lower)
The declining 10 day MA is converging with the rising 50 day MA. If the Miners can find support here, that would favor a right translated cycle formation. A break close this level would signal the daily cycle decline.
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Here is what is included in the Weekend Report Subscription
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – and it includes the Likesmoney Combination Cycle Tracker & the Likesmoney Trend Tracker.
2) The Mid-Week Update. Posted on Wednesdays is a review of the daily and weekly charts for the above mentioned asset classes.
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4) Weekly Update of the Bullish Percentile Bingo
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The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.


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