The Miners delivered bullish surprise on Friday then closed higher again on Monday.
Friday’s bullish surprise saw the Miners close above the 50 day MA and the upper daily cycle band. Closing above the upper daily cycle band ends the daily downtrend and begins a daily uptrend. Closing above the upper daily cycle band also indicates that the ICL has been set. The Miners are now stretched above the 10 day MA. They will likely need to consolidate above the 50 day MA in order to let the 10 day MA catch up to price.
Cycle Trading 
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