
The Miners appear to still be hunting their DCL.

The Miners began the day breaking convincingly above the 10 day MA. However, they were unable to sustain the rally and ended up closing lower on the day. A break below the day 34 low will extend the daily cycle decline.

It is not uncommon for the Miners uncut an apparent low before putting in the final cycle low. So if the Miners break below the day 34 low of 33.06 then form a swing low and recover the breakdown level, that will have good odds of marking the DCL.
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