The Miners delivered a bullish surprise on Friday.
After forming a swing high and closing below the 10 day MA on Wednesday, then closing below the 200 day MA on Thursday — it seemed that the Miners were going to extend their daily cycle decline. However, the Miners delivered a bullish surprise by recovering the 200 day MA on Friday. The Miners went on to deliver bullish follow through on Monday by closing back above the 10 day MA so we will label day 21 as an early DCL. In the Weekend Report I plan to discuss why I think that not only did the Miners confirm the DCL, but likely the intermediate cycle low has been set as well.
Cycle Trading 
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