The Miners printed its lowest point on day 30, placing them in their timing band for a DCL.
The Miners formed a swing low on Monday then broke above the declining trend line on Wednesday to signal that day 30 was the daily cycle low. The Miners have since been contained by the declining 10 day MA. A close above both the 10 day MA and 50 day MA can be used as a buy signal and we will then label day 30 as the DCL, using the 50 day MA as the stop. The Miners are currently in a daily downtrend. They will remain in their daily downtrend unless they can close back above the upper daily cycle band.
Cycle Trading 
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