Cycle Trading

The Miners formed a swing low on Thursday.

The Miners printed their lowest point on Tuesday, day 31, placing them in their timing band for a DCL. A close above the 10 day MA will signal the new daily cycle.  

The Miners are currently in a daily uptrend.  A close back above the 38.50 resistance level will signal a continuation of their daily uptrend and trigger a cycle band buy signal. Stops can then be set to 38.50