Cycle Trading

The status of the daily cycle is not clear.   The Miners printed their lowest point on day 18 placing them in the early part of their timing band for a daily cycle low.   The Miners did not turn the 10 day MA lower prior to printing its day 18 low.   So it’s not clear if Monday was day 4 of a new daily cycle or day 22 of the current daily cycle.  Part of my concern is that the dollar is deep in its timing band for both a daily and intermediate cycle low.  So with the prospects of the dollar rallying into a new intermediate cycle, it is more likely that the Miners will be seeking out their DCL. A close below the 10 day MA will indicate the daily cycle decline — making Monday day 22.