The Miners became stretched above the 10 day MA the previous week and have been consolidating above the 200 day MA.
If the face or a rallying dollar the Miners have demonstrated relative strength, holding above the 10 day MA. The Miners currently in a daily uptrend. A bullish break out of consolidation will indicate a continuation of their daily uptrend and signal a cycle band buy signal. A bearish break out of consolidation will signal the daily cycle decline.
Cycle Trading 
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