On Friday the Miners regained the 10 day MA as they formed a daily swing low. Friday’s swing low was negated on Monday as the Miners broke below Friday’s low.
The Miners are beginning to form a mini triangle. A break of this triangle could lead to a trending move. Currently the Miners are in a daily uptrend. A bullish break of this triangle consolidation would indicate that they will remain in their daily uptrend and trigger a cycle band buy signal. Conversely, the Miners are deep in their timing band for a daily cycle low. A bearish break of this consolidation should send the Miners to seek out their daily cycle low.
Cycle Trading 
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