The Miners delivered a buy signal Thursday.
The initial thrust out of the day 16 DCL saw the Miners close above the upper daily cycle band. Closing above the upper daily cycle band ends the daily downtrend and begins a daily uptrend. It also indicates that the ICL has been set.
The Miners backtested the 50 day MA on Wednesday then formed a swing low on Thursday. Forming a swing low above the upper daily cycle band indicates a continuation of the daily uptrend and signals a cycle band buy signal.
Cycle Trading 
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