The Miners continued to consolidate in between the 10 day MA and the 200 day MA – until Friday.
The Miners broke above the converging 50 day MA and the 200 day MA on Friday, but was unable to close above them.
Above is a daily chart for the past year. No trending move will be established until the Miners close above both of the 200 day MA and the 50 day MA.
Cycle Trading 
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