Last week when the Miners formed a swing low off of the day 12 candle, we discussed the possibility that the Miners will be testing the 200 day MA. On Monday they made progress.
The Miners are working through a triple resistance zone comprising of the declining trend line, the 50 day MA and the 200 day MA.
On Monday the Miners closed above the declining trend line and tested the 50 day MA. Above that is the 200 day MA. A close above the 200 day MA will right translate this daily cycle and indicate that March 16th was not only the daily cycle low, but the intermediate cycle low as well
Cycle Trading 
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