The Miners formed a daily swing low on Tuesday.
Miners became rather stretched above the 10 day MA on day 12. After forming a swing high they have since crawled along the 50 day MA. The Miners are currently in a daily uptrend and, as we noted, formed a daily swing low on Tuesday. A close back above the 10 day MA will indicate a continuation of its daily uptrend and signal a cycle band buy signal.
Cycle Trading 
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