The Miners broke below the day 27 low on Friday to extend its daily cycle decline.
Friday was day 30, placing the Miners in their timing band for a DCL. The Miners managed to find support at the 50 day MA on Friday and formed a swing low on Monday. The Miners are currently in a daily uptrend. A close above the 10 day MA would indicate a continuation of their daily uptrend and signal a cycle band buy signal — in which we would then label day 30 as the DCL.
So while it looks like the Miners are ready to rally into a new daily cycle, I have a concern about the longer term, intermediate cycle, which I discussed in the Weekend Report.
Cycle Trading 
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