The Miners are beginning to look interesting.
The Fed surprised the markets on Wednesday by holding rates steady. The Miners had been consolidating along the 10 day MA prior to Wednesday, but closed below the 10 day MA on Wednesday. Any bearish follow through would have signaled the daily cycle decline.
However, the Miners delivered a bullish surprise on Thursday by breaking out to a new daily cycle high. A close above the converging 200 day MA and 50 day MA could be a game changer for the Miners — which I plan to cover in the Weekend Report.
Cycle Trading 
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