The Miners formed a swing low on Friday.
While the Miners formed a swing low on Friday, then ran into resistance at the declining 10 day MA to end up closing lower on the day.
A break below Thursday’s low of 33.06 will extend the daily cycle decline. The Miners are currently in a daily uptrend. If the Miners can close back above the 10 day MA that would indicate a continuation of the daily uptrend and signal a cycle band buy signal
Cycle Trading 
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