Cycle Trading

The Miners formed a bullish reversal on Thursday.

The Miners printed their lowest point on Thursday, day 18, which places them in the early part of its timing band for a DCL. The Miners formed their bullish reversal off support from the 200 day MA. The Miners are currently in a daily uptrend. If the Miners form a swing low and close back above the 10 day MA that would indicate a continuation of its daily uptrend and signal a cycle band buy signal. A break above 30.63 will form a swing low.