Miner Buy Signal

The Miners formed a daily swing low on Tuesday.

The Miners printed their lowest point on Monday, day 25. That places them in the early part of its timing band for a DCL.  Tuesday ‘s swing low signals a new daily cycle. We will use a close above the 10 day MA to label day 25 as the DCL. Long positions can be entered using Tuesday’s low as the stop.Those wishing a higher probability set up could buy the close above both the 50 day MA and the 200 day MA.

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