The Miners are in the process of forming a swing low on Thursday.
The Miners printed their lowest point on Wednesday, day 23, placing them in the early part of its timing band for a daily cycle low. The Miners are currently in a daily uptrend. A close back above the 10 day MA that will indicate a continuation of its daily uptrend and signal a cycle band buy signal — in which we would then label day 23 as the DCL. Long positions can be entered using the 50 day MA as a stop.
Cycle Trading 
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