Miner Consolidation

The Miners have been forming a triangle consolidation, which is obscuring our daily cycle counts.

A break below the day 38 low of 32.20 would extend the daily cycle decline.  However, the Miners are currently in a daily uptrend.  A bullish break out of consolidation would indicate a continuation of its daily uptrend and signal a cycle band buy signal – which would affirm day 38 as the DCL making Tuesday day 10 of the new daily cycle. 

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