The Miners closed below the previous 41.50 resistance level and the 10 day MA on Friday to signal the daily cycle decline.
The Miners should turn the 10 day MA lower in order to complete their daily cycle decline. However they formed a bullish reversal on Monday.
Monday was day 36, placing the Miners in their timing band for a daily cycle low. The Miners are currently in a daily uptrend. If the Miners form a swing low above the upper daily cycle band and close above the 10 day MA, that will indicate a continuation of their daily uptrend and signal a cycle band buy signal — in which we will then label day 36 as the DCL.
Cycle Trading 
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