Potential Miner Buy Signal


The rally out of the recent DCL a saw the Miners get stretched above the 10 day MA on day 5.  The Miners then consolidated for the next 4 days, which allowed the 10 day MA to catch up to price.

The Miners printed a bullish reversal off of support from the rising 10 day MA on Wednesday, which eases the parameters for forming a swing low.  The Miners are currently in as daily uptrend. If they form a swing low above the upper daily cycle band, that will indicate the continuation of their daily uptrend and signal a cycle band buy signal.  A break above 35.35 will for a daily swing low. 

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