The Miners closed convincingly above both the 50 day MA and the 10 day MA on Friday to have us label day 19 as an early DCL.
After the powerful thrust on Friday, the Miners retraced Monday and Tuesday — backtesting the 50 day MA. The Miners are currently in a daily uptrend. If the Miners form a swing low above the lower daily cycle band and close back above the 10 day MA that would indicate a continuation of its daily uptrend and signals a cycle band buy signal. A break above 28.84 will form a daily swing low.
Cycle Trading 
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