The dollar broke below the day 32 low on Thursday to extend its daily cycle decline. The dollar also broke below the previous DCL on Thursday. Breaking below the previous DCL forms a failed daily cycle and extends the dollar’s intermediate cycle decline.
With the dollar breaking to a new 3 year low, the Miners should be flying, but they’re not.
While the Miners formed a swing low on Thursday, they remain contained by the 53.75 level. The Miners may be sniffing out the pending intermediate cycle low on the dollar — which is something that I plan to discuss in the Weekend Report.
Cycle Trading 
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